VW is seeing most customers opt for the TDI buyback.
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Volkswagen has come to an agreement on how to fix its 3.0L diesel engines.
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Volkswagen is giving up on diesels in the US.
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The German automaker will reportedly be buying back all vehicles fit with its 2.0-liter diesel engine.
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Volkswagen doesn’t think that a trial will be needed this summer to settle damages over its cheating diesels in the U.S.
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Volkswagen AG is being sued by the U.S. Federal Trade Commission (FTC) for falsely advertising its diesel engines as clean when they were actually spewing excess pollution into the atmosphere.
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Volkswagen was forced to take a $21B loan and if the automaker can’t pay it back, it may have to begin selling off assets.
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Volkswagen CEO Martin Winterkorn has once again apologized for his company’s betrayal of the public trust by cheating diesel emissions testing.
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