Volkswagen AG, probably close to an agreement with the California regulator, who previously rejected a proposal by the German automaker recall cars in the framework of the settlement of the consequences of “diesel scandal”.
Mary Nichols, head of the California Air Resources Board Protection (California Air Resources Board, CARB) said that the negotiations with Volkswagen about eliminate violations in cars “are going good” and the carmaker has become “more open” than before.
“According to our estimates, violations in the cars can be corrected so as to reduce emissions by 80-90% – said Nichols -. This, of course, is not 100%, but that’s why carmaker creates a fund for the elimination of consequences of emissions, same as in the past and in the future”.
In late June of this year, Volkswagen has agreed with US regulators, as well as with car owners, the terms of settlement of various claims under the “diesel scandal”, which involves the payment of a total of more than $ 15 billion.
Under the agreement, the Volkswagen cars should be redeem or disturbances in them should be eliminate, depending on which option will choose the owner of the car. Moreover, all the customers will receive monetary compensation from Volkswagen, which range from $ 5100 to $ 10 thousand.
Volkswagen, for the next three years, will allocate $ 2.7 billion to fund the elimination of the environmental impacts, which had happened because the automaker has changed real indicators of emissions, the fund manager will be appointed by the court. In addition, the automaker has pledged to spend an additional $ 2 billion over 10 years on initiatives of creation eco-friendly vehicles in the United States.
In July CARB called inadequate Volkswagen plan about eliminate the violations in the models of vehicles with a diesel engine 3-liter Volkswagen, Audi and Porsche.
Volkswagen AG is a German car manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Established in 1937, Volkswagen is the top-selling and namesake marque of the Volkswagen Group, the holding company created in 1975 for the growing company, and is now the second-largest automaker in the world. Volkswagen has three cars in the top 10 list of best-selling cars of all time: the Volkswagen Golf, the Volkswagen Beetle, and the Volkswagen Passat.
Read more: USA Department of Justice filed a multimillion-dollar lawsuit against the Volkswagen Group
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
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The Verkhovna Rada adopted a law providing for the possibility of establishing state enterprises Ukrainian aircraft industry joint ventures (JVs) with foreign partners. Law №4809 “On Amendments to Certain Legislative Acts of Ukraine regarding the establishment of conditions for international cooperation entities of aircraft and the development of domestic aircraft” supported 241 MP of the […]
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In China, two more developers are unable to repay their debts: Fantasia Holdings has been unable to repay bonds worth $ 205.7 million, and Sinic Holdings is uncertain about the repayment of $ 246 million in bonds, the BBC reports. The day before, trading in Evergrande shares was suspended on the eve of “an announcement […]
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McLaren has introduced the McLaren Artura hybrid sports car. The car is equipped with a 3-liter V6 engine with dual supercharging and an electric battery. The total power of the sports car is 671 horsepower and torque is 531 Nm. The McLaren Artura sports car accelerates to 96 km / h in 3 seconds. The […]
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