Volkswagen Lastly Reaches an Agreement for Its Dirty 3.-liter Diesels

2014 audi a6 tdi engine

Following a seemingly endless legal drama, Volkswagen AG has reached an agreement with the U.S. owners of roughly 83,000 emissions-cheating VW, Porsche and Audi cars equipped with three.-liter diesel engines.

Like the earlier settlement for two.-liter defeat device-equipped models, this agreement includes a combination of buybacks, fixes and money payments. Owners of two.-liter models have long considering that counted their “we’re sorry” cash, but these purchasers will have to wait just a bit longer before obtaining out what payment to count on for their premium ride.

It is not a little sum, apparently.

After many extended deadlines, U.S. District Judge Charles Breyer announced the agreement in a San Francisco courtroom today, Bloomberg reports. Both sides had been offered the weekend to hammer out final details, with the deadline extended an further day.

The agreement covers 2009-2016 VW Touareg, Porsche Cayenne and Audi Q7 SUVs, along with a choice of other Audi models. Autos that cannot be fixed will be purchased back by the firm. Of course, that is assuming U.S. regulators approve a fix. (Previous attempts failed).

After such a lengthy wait for info and compensation, owners still are not in the loop just yet. Complete specifics of the settlement weren’t disclosed at today’s hearing. However, the automaker issued a media release claiming 63,000 impacted cars with Generation two engines must be fixable, with the remainder due for a date with the crusher (unless a far more intensive repair is identified). The Generation 1 engines are found in 2009-2012 models.

While VW is confident that the newer models can be fixed, there’s a Program B:

If Volkswagen is unable to meet this requirement, it will supply to acquire back or terminate the leases of these cars and might also seek approval by EPA and CARB to provide consumers a modification to substantially minimize their nitrogen oxide (NOx) emissions.

As component of the settlement, VW must spend $ 225 million into a federal environmental trust fund to offset the damage carried out by the vehicles. A further $ 25 million goes to California to help the use of zero-emission automobiles.

EPA assistant administrator Cynthia Giles claims the total cost of the agreement — like the recalls and buybacks — ought to hit $ 1 billion, Automotive News reports.

According to Reuters, Breyer claimed owners would obtain “substantial compensation” on best of any fix or buyback. The exact numbers aren’t fully fleshed out, so we’ll probably understand a lot more from a Thursday progress hearing.

German supplier Robert Bosch GmbH, which was fingered in the diesel emissions scandal, will reportedly spend much more than $ 300 million to settle allegations from diesel owners.

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Audi to Buy Back 25,000 3.-Liter Diesel Models in U.S.: Report

2012 Audi Q7 white

A German newspaper claims that Audi will get back 25,000 U.S. autos sold with a 3.-liter diesel V6 engine.

According to a story published in Der Spiegel, the automaker has determined the cars can not be fixed, Reuters reports. A total of 85,000 Audi, Porsche and Volkswagen automobiles include the exact same emissions-cheating defeat device identified in the automaker’s 2.-liter TDI engines, which are currently in the procedure of being purchased back.

The brief report claims the impacted automobiles are “older-generation cars” that will not pass emissions tests, but does not specify which models.

Audi USA claims the Environmental Protection Agency’s notice of violation extends to 5 models sold in the U.S.: the 2009-2016 Q7 and 2014-2016 model year Q5, A8L, A7 quattro and A6 quattro vehicles. Of these, the Q7 is the most plentiful.

In response to the report, the automaker released a statement from its American workplace:

“We are functioning tough with U.S. regulators to reach an agreement an authorized resolution for affected three.-liter V-six TDI cars and thank our clients for their continued patience. The Court has scheduled a status conference for November 3, 2016 to go over the matter further.”

Till now, all of the three.-liter autos stayed have been in limbo as parent organization Volkswagen sought out a fix for the high-end models, hoping to avoid a costly buyback. The fines and buyout fees associated with the two.-liter buyback leading $ 16.five billion.

In August, the U.S. District Court judge overseeing Volkswagen’s American settlement issued an ultimatum demanding the automaker show regulators a repair for the three.-liter engine and forcing it into settlement talks. Regulators soundly rejected a preceding fix proposal. Audi previously mentioned any fix would contain software updates and modifications to the vehicles’ emissions equipment.

The question now is: how a lot of non-Audi models will now grow to be subject to a buyback?

[Image: Audi AG]

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