Following the events of Volkswagen's emission scandal that involved installing software to cheat emissions standards, the automaker is now taking the necessary steps to rectify the situation. Steps that will cost the company a lot of money.
One of those steps, according to Reuters (citing German newspaper Sueddeutsche Zeitung), may include buying back close to 115,000 of its own vehicles that currently reside within the U.S. The decision to do so hasn't been confirmed by VW brand chief Herbert Diess, though he hopes to come to an agreement with U.S. regulators very soon.
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One of those steps, according to Reuters (citing German newspaper Sueddeutsche Zeitung), may include buying back close to 115,000 of its own vehicles that currently reside within the U.S. The decision to do so hasn't been confirmed by VW brand chief Herbert Diess, though he hopes to come to an agreement with U.S. regulators very soon.
Continue reading…
Continue reading...