Embattled automaker Volkswagen reached a long-awaited settlement deal in principle with regulators this morning in a California courtroom.
Before presiding judge Charles Breyer, Volkswagen agreed to buy back afflicted diesel models from U.S. buyers, while compensating their owners from a newly created fund. The automaker would accept early termination on leased models, and fix some vehicles if requested by owners. (Read More…)
On the eve of a key U.S. deadline for a diesel emissions fix, Volkswagen has reportedly agreed to pay all American owners of afflicted TDI models $5,000 each.
The deal, reported by Germany’s Die Welt newspaper, would allow the automaker to avoid going to trial this summer, according to Automotive News.
Volkswagen was facing an April 21 deadline to outline a comprehensive fix for the 580,000 U.S. diesel models equipped with “defeat devices” designed to sidestep emissions regulations. The deadline was set in March by a U.S. District Court judge. (Read More…)
Nope. Nuh-uh. Not gonna do it.
That was Volkswagen’s reaction to the idea of publishing its first-quarter results on time, according to Automotive News Europe, meaning the automaker’s current financial standing will be unknown until May 31.
The beleaguered company has bigger things to deal with in the near term — mainly, meeting the U.S. government’s April 21 deadline for a fix for vehicles caught up in the diesel emissions scandal. An April 21 deadline was issued last month by U.S. District Judge Charles Breyer, extending a missed deadline on a one-time-only basis. (Read More…)
After missing today’s deadline for a U.S. emissions fix, Volkswagen has been issued a new one, and will now face a summer trial if the date passes without a plan to cure its diesel ills.
The extension of the deadline until April 21 was issued by U.S. District Judge Charles Breyer, who had earlier set the March 24 deadline for the embattled automaker, Reuters is reporting.
The consensus of today’s meeting in California between Volkswagen, the Environmental Protection Agency and the California Air Resources Board was that progress had been made in reaching an agreement on how to deal with 580,000 Volkswagen diesels equipped with pollution-causing defeat devices.
After its excessively dirty diesels polluted the nation’s air for years, Volkswagen is on the verge of making environmental reparations in the U.S. and state of California, Bloomberg reports.
The automaker is reportedly in talks with U.S authorities to create two remediation funds aimed at offsetting some of the environmental (and possibly legal) damage resulting from the diesel emissions scandal. (Read More…)
There’s a chance that older Volkswagen TDI models branded as pollution monsters in the ongoing diesel emissions scandal could keep rolling along the avenues and alleyways of the Golden State.
On March 8, California’s air regulator floated the idea that diesels that can’t fully be brought back into compliance with state laws might get a pass, according to Reuters.
Tod Sax, chief of the California Air Resources Board’s enforcement division, admitted that bringing every one of the state’s approximately 82,000 afflicted diesels up to code is probably not possible. (Read More…)
Because I want a car that will depreciate faster than my 2014 Genesis 5.0 R-Spec, I inquired at a local Pennsylvania Dodge dealer about a 2016 Dart GT with a manual transmission. After a week of them trying to order one for me, I was told that the factory would not sell the Dart GT with a manual transmission to PA dealers because of something to do with emissions.
I figured I was being given the runaround so I did a search and, sure enough, there were no 2016 Dodge Dart GTs with manual transmissions for sale in PA.
On Friday, Volkswagen of America detailed its plan to fix nearly 500,000 illegally polluting diesels in the United States to officials with the Environmental Protection Agency, the government body announced in a statement late Friday. The automaker was required to detail the fix no later than Friday.
The EPA, along with the California Air Resources Board, will review the proposal, said the statement. However, the EPA did not detail the proposal to the media or public and did not give a timeframe on when to expect the proposal to be detailed publicly.
The proposal only addresses issues detailed by the EPA in its September 18 Notice of Violation that applies to Volkswagen’s 2-liter diesel engines and not the 3-liter diesels which may also be cheating emissions tests.
Increased scrutiny on diesel-powered cars’ emissions hasn’t revealed any other cheating cars beyond Volkswagen’s models, German magazine Wirtschaftswoche reported (via Reuters).
In an interview with California Air Resources Board Chairwoman Mary Nichols, the German outlet reported that Nichols said Volkswagen appeared to be alone in cheating so far.
“Up until now we have found no fraudulent defeat device in vehicles of other brands,” she told the magazine. “There is nothing that comes close to the magnitude of the excess in VW vehicles. “ (Read More…)
EV “conversions” make for strange bedfellows when it comes to competition. There is no gasoline Kia Soul that competed even slightly with Mercedes or BMW. Oddly enough however, when you electrify one of the least expensive cars in America, you end up with with a Kia on the same cross-shop list as the i3 and B-Class Electric. Obviously a Kia Soul EV vs i3 vs B-Class comparison table is at the extreme end, but I am surprised how many folks wanted to hear that comparison. It isn’t just the luxury-cross shops that become possible however, comparisons normally considered to be “one-tier up” and “one-tier down” become more reasonable as well. For instance, the gasoline Soul isn’t a direct competitor to the Fiat 500 or the Ford Focus, but in EV form they are head to head.