VW slapped with extra US fines
- May 18, 2017
- Posted by: Simon Wait
- Category: Industry News
A federal judge will approve Volkswagen Group’s $1.2bn buybacks-and-repairs settlement with US owners of six-cylinder diesel engine vehicles.
These vehicles were not included in the company’s separate deal for car owners affected by the dieselgate scandal.
The move paves the way for the automaker to begin buying back about 20,000 polluting diesel vehicles, providing free fixes for another 63,000 and delivering extra payouts to each group.
The deal, approved by Judge Charles Breyer in San Francisco, adds to a separate settlement of nearly $15 billion in which VW must buy back or repair nearly half a million 2-liter diesel vehicles.
In a separate settlement, the judge also ordered VW supplier Bosch to pay $327.5m to consumers, including $350 payments to 2-liter car owners and up to $1,500 each to 3-liter owners.
In the latest deal, owners of the diesel versions of the 2009 to 2012 Volkswagen Touareg and 2009 to 2012 Audi Q7 will qualify for a buyback at retail value because those vehicles cannot be feasibly retrofitted into compliance. In addition to a buyback, they’ll get cash payouts ranging from $7,755 to $13,880.
Owners of the following vehicles will get free repairs: the 2013 to 2016 Volkswagen Touareg, 2013 to 2015 Audi Q7, 2013 to 2016 Porsche Cayenne and 2014 to 2016 Audi A6 quattro, A7 quattro, A8, A8L and Q5. They’ll also get cash payouts of $7,039 to $13,880.
