Post by VWCA_Adman on Dec 23, 2016 15:07:11 GMT -6
VW Reaches 3.0-Liter V-6 Diesel Agreement with EPA
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Dec. 20: A proposed Consent Decree includes provisions for recalling 63,000 vehicles and buybacks of 20,000 older VWs, Audis and Porsches powered by its 3.0-liter TDI engine.
VW agrees to pay another $225 million to offset excess diesel emissions and in California pay $25 million to support use of zero emissions vehicles.
VW’s deal, subject to U.S. District Court Judge Charles Breyer’s approval, has several parts:
1. Recall 63,000 affected 2013-2016 model-year VW, Audi and Porsche 3.0-L TDI V-6 vehicles with “Generation 2” engines. Modify them to comply with emissions standards.
2. Buy back about 20,000 affected 2009-2012 model year VW/Audi/Porsche “Generation 1” V-6 TDI vehicles or fix them so eligible owners may keep them.
A January 31, 2017 deadline has been set for all affected parties to submit a formal agreement to the Court.
Since the terms of this agreement will not be effective until final Court approval—likely spring 2017, affected V-6 TDI customers do not need to take action at this time. But you can visit www.VWCourtSettlement.com for information.
Judge Breyer says owners of the Audi-developed 3.0-liter TDI equipped vehicles will receive “substantial compensation.” German automotive vendor Robert Bosch, meanwhile, will pay an expected $300 million for allegedly colluding with VW to fake TDI emissions compliance. It’s expected that VWAG will buy back about 20,000 affected vehicles that many claim cannot be repaired.
Buyback costs could reach $1 billion.
Canadian Agreement Regarding VW’s 2.0-Liter TDI Vehicles
Dec. 19: VW reached a settlement with Canadian authorities involving 105,000 VW and Audi owners of its 2.0-liter TDIs. The $1.6 billion (U.S. dollars) settlement includes a compensation plan and payment of a $15 (Canadian) million penalty. Unlike the U.S., Canadian rules don’t invoke steep penalties. And VW can offer affected TDI owners incentives to buy its gas-fueled vehicles.
Dec. 20: A proposed Consent Decree includes provisions for recalling 63,000 vehicles and buybacks of 20,000 older VWs, Audis and Porsches powered by its 3.0-liter TDI engine.
VW agrees to pay another $225 million to offset excess diesel emissions and in California pay $25 million to support use of zero emissions vehicles.
VW’s deal, subject to U.S. District Court Judge Charles Breyer’s approval, has several parts:
1. Recall 63,000 affected 2013-2016 model-year VW, Audi and Porsche 3.0-L TDI V-6 vehicles with “Generation 2” engines. Modify them to comply with emissions standards.
2. Buy back about 20,000 affected 2009-2012 model year VW/Audi/Porsche “Generation 1” V-6 TDI vehicles or fix them so eligible owners may keep them.
A January 31, 2017 deadline has been set for all affected parties to submit a formal agreement to the Court.
Since the terms of this agreement will not be effective until final Court approval—likely spring 2017, affected V-6 TDI customers do not need to take action at this time. But you can visit www.VWCourtSettlement.com for information.
Judge Breyer says owners of the Audi-developed 3.0-liter TDI equipped vehicles will receive “substantial compensation.” German automotive vendor Robert Bosch, meanwhile, will pay an expected $300 million for allegedly colluding with VW to fake TDI emissions compliance. It’s expected that VWAG will buy back about 20,000 affected vehicles that many claim cannot be repaired.
Buyback costs could reach $1 billion.
Canadian Agreement Regarding VW’s 2.0-Liter TDI Vehicles
Dec. 19: VW reached a settlement with Canadian authorities involving 105,000 VW and Audi owners of its 2.0-liter TDIs. The $1.6 billion (U.S. dollars) settlement includes a compensation plan and payment of a $15 (Canadian) million penalty. Unlike the U.S., Canadian rules don’t invoke steep penalties. And VW can offer affected TDI owners incentives to buy its gas-fueled vehicles.