Volkswagen emissions irregularities may affect 11 million vehicles
Volkswagen says some 11 million diesel vehicles worldwide were fitted with software used to cheat on emissions tests in the U.S., and that the company will set aside 6.5 billion euros, or about $7.3 billion, to cover costs related to fix those vehicles and to "Win back the trust of our customers." Ref. USAToday
Volkswagen finds emissions 'irregularities' in 800,000 cars
The company said in a statement most of the carbon-dioxide issues were found in diesel-powered vehicles, hinting that its emissions troubles could now be spreading to gasoline-powered vehicles as well. VW has already admitted to inserting software into 11 million diesel-powered vehicles worldwide that rigged their emissions systems to cheat emissions testing. Ref. USAToday
Federal judge approves $15 billion U.S. Settlement over Volkswagen's emissions cheating scandal
Volkswagen owners can opt for a free fix to bring their car into compliance with emissions regulations and receive a payout of $5,100 to $9,852 depending on the value of the car. Or they can sell the car back to VW, giving them $12,475 to $44,176 including restitution. Ref. USAToday.