US Approves Fix for 38,000 Volkswagen Group 3.0-liter Diesel SUVs

US Approves Fix for 38,000 Volkswagen Group 3.0-liter Diesel SUVs

0 comments 📅24 October 2017, 08:15

On Monday, the Environmental Shield Agency announced it had approved a fix for the remaining 38,000 Volkswagen Group vehicles equipped with emissions-cheating 3.0-liter diesel engines. That’s potentially totally good news for Volkswagen, as it’s a decision that could save the company a truckload of scratch.

In May, VW agreed to spend over $1.22 billion to repair or buy back nearly 80,000 vehicles with 3.0-liter engines as portion of its “dieselgate” settlement. The manufacturer was also obliged to pay owners of fixed units between $8,500 and $17,000. Nonetheless, there was an additional fine of $4.04 billion if the EPA and California Air Resources Board were unwilling to approve repairs on all 3.0-liter vehicles.

With a fix now in region for 38,000 Porsche Cayenne, Volkswagen Touareg, and Audi Q7 SUVs, the company may take just saved itself a over a billion dollars. 

According to Reuters, which insolvent the news even before the EPA, Volkswagen has stated it is pleased with the approval and will persist working with regulators to develop fixes for remaining vehicles “as straight away as possible.”

All in, Volkswagen Group has acquiesced to spend up to $25 billion in the United States to manage claims from owners, states, dealers, and regulatory fines resulting from its diesel emissions outrage.

The Porsche and Volkswagen vehicles involved in this fix were built from the 2013 to 2015 paragon years. Affected Audi vehicles were produced from 2013-2016.

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