Skip to main content

Report: VW Dealers to Get First Right of Refusal on Gen1 TDIs

Volkswagen already has a plan for how hundreds of thousands of early cheating TDIs will make their way back to market and the first step is allowing dealers to buy them en masse.

Automotive News reports that VW will give dealers the first right of refusal on the many cars that it bought back as part of the dieselgate settlement. The plan can’t yet be effected, though.

Although the EPA has approved a technical modification (fix) that allows the earliest cheating TDIs to conform to emissions regulations, VW hasn’t yet gotten the approval to resell the cars it bought back. According to a spokesperson, that process has historically taken a couple of months.

When the approval comes, though, VW will slowly release the vehicles through its 652 US dealers, according to Hinrich Woebcken, head of the North America region.

“There is, of course, a community of customers who would like to take a look at these cars, once they fulfill the regulations, and that’s why we are pretty optimistic that we will have a successful remarketing of those cars,” Woebcken told Automotive News.

Volkswagen will be careful about it releases the cars back onto the market, though, to avoid causing spikes or drops in prices. Some cars, though, will never return to the public.

“If the mileage is too high and the residual value is too low, it doesn’t make sense [to fix them] anymore,” said Herbert Diess, head of the Volkswagen brand. “But the majority of the cars are going to be resold.”

[source: Automotive News]

The post Report: VW Dealers to Get First Right of Refusal on Gen1 TDIs appeared first on VWVortex.



from VWVortex http://ift.tt/2j7qiU1
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Review: Saying Goodbye to the CC V6

For all its size and its global reach, Volkswagen is still, in many ways, a deeply human company. There was, for instance, the Bugatti Veyron an ego project if ever there was one. Then the purchase of Ducati, a move most called folly. And then there was the Phaeton, the Volkswagen that most folks can’t afford. Not only were these moves all strange, I’m sure that they made VW’s accountants furious. None of them made good business sense, but they were all deeply interesting and they all are evidence of the heart that beats at the center of VW. Among these follies is the CC, a car that everyone agrees is rakishly handsome, but that no one really wanted to buy. The car couldn’t last, but the world is brighter for its having been in it. With the approach debut of the Arteon, it seems like a good time to look back on its sadly departing predecessor. The version I drove, because I live in Canada, is a V6 Wolfsburg Edition, which apparently isn’t available in the States. Nor is the V6, not as...
Post a Comment
Read more

Mitsubishi admits it lied about MPG ratings for all vehicles in Japan

Filed under: Government/Legal , Green , Mitsubishi , Fuel Efficiency , Japan Mitsubishi says its shady fuel-economy test practices may have been used on all vehicles it sells and has sold in Japan. Continue reading Mitsubishi admits it lied about MPG ratings for all vehicles in Japan Mitsubishi admits it lied about MPG ratings for all vehicles in Japan originally appeared on Autoblog on Wed, 11 May 2016 12:36:00 EDT. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments from Autoblog Volkswagen http://ift.tt/21X3bHv
Post a Comment
Read more

More 3.0-Liter TDI Settlement Details Expected by January 31

Volkswagen and the TDI Plaintiff’s Steering Committee were in court today for another status conference following the agreement in principal reached earlier this week. Little new information was given at the conference held before Judge Charles Breyer today, but the court ordered the parties to develop a formal settlement agreement, class action notices, and a class notice plan by January 31, 2017. For now, though, owners still don’t know how much to expect in compensation. Elizabeth Cabraser, lead Counsel for the Plaintiff’s Steering Committee reaffirmed in a statement today that the compensation would be “substantial.” The potential cost to Volkswagen is widely reported to exceed $1 billion, though, with an additional $225 million going into an environmental trust to help offset excess emissions. Buy back offers are still only expected for the oldest 20,000 of the roughly 80,000 VW Group vehicles sold in America with the 3.0-liter TDI engine. Those vehicles are mostly SUVs, like ...
Post a Comment
Read more