VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars

VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars

25.07.2016 News

vwVolkswagen 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

Other articles

  • Ukrenergo received a billion dollars in losses for the year
    News

    Ukrenergo received a billion dollars in losses for the year

    According to the results of 2020, Ukrenergo’s loss amounted to almost UAH 27.5 billion against UAH 1.86 billion profit a year earlier. This is evidenced by a report in the information disclosure system of the NSSMC. According to him, last year the company’s net income increased 2.2 times (by UAH 31.9 billion) to UAH 58.250 […]

  • Lufthansa resumes operations in Ukraine
    News

    Lufthansa resumes operations in Ukraine

    German airline Lufthansa made its first flight to Lviv on April 30, after a one-year break. 79 passengers arrived in Lviv, which is almost 100% of the aircraft load. It is reported that in the first month the airline will fly three times a week, and in June the number of flights will increase to […]

  • NASA has terminated a major contract with SpaceX
    News

    NASA has terminated a major contract with SpaceX

    NASA has suspended a contract with SpaceX to build a monthly landing module, which cost $ 2.89 billion. It is noted that the company of Amazon founder Jeff Bezos Blue Origin and Dynetics have protested the decision to outsource the construction of the SpaceX module to the US Central Audit Office (GAO). SpaceX must now […]

  • Centerenergo has paid UAH 500 million a month to the mines
    News

    Centerenergo has paid UAH 500 million a month to the mines

    Centerenergo has paid more than 475 million hryvnias to the mines since the beginning of the month and has no debts, according to the company’s website. As you know, Centerenergo – the only consumer of coal from state-owned mines, buys almost the entire volume of their production under direct contracts. “However, the current purchase price […]

  • Naftogaz reacted to Kobolev’s dismissal
    News

    Naftogaz reacted to Kobolev’s dismissal

    Naftogaz announced a return to the practice of manual management of state-owned enterprises after the Cabinet’s decision to dismiss the head of the NAC Andriy Kobolev and the company’s supervisory board. The board of Naftogaz announced this on Wednesday, April 28. The company claims that the government’s decision is a legal manipulation. “The dismissal of […]

  • Converse sells shoes on the garbage island
    News

    Converse sells shoes on the garbage island

    The Converse brand has opened a virtual store on a garbage island in the Pacific Ocean, which consists of 80,000 tons of plastic and is larger than the area of ​​France. The offers of this outlet can be found on the store’s website. It is reported that the Renew Labs space was developed by Virtue. […]

  • Ukrgazvydobuvannya reduced profits by almost four times
    News

    Ukrgazvydobuvannya reduced profits by almost four times

    In 2020, the state gas company Ukrgazvydobuvannya reduced its net profit by 3.8 times, or 14.1 billion hryvnias to 4.95 billion hryvnias compared to 2019, according to the company’s website. “Although last year due to the situation on the gas market, economic crisis and pandemic, our capital investments decreased almost one and a half times […]

  • Zaporizhzhya TPP stopped for the third time since the beginning of the year
    News

    Zaporizhzhya TPP stopped for the third time since the beginning of the year

    On Wednesday, April 28, the only currently operating third power unit stopped at the Zaporizhzhya TPP, DTEK’s press service reports. The shutdown occurred at 11:01 due to the operation of the turbine valve protection. “The reasons for the operation are being clarified. The power unit was disconnected without interruptions in the power supply of its […]

Read also

VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Ukraine and Austria started the Bilateral Cultural Year

In 2019, Ukraine and Austria hold the Bilateral Cultural Year. Its official opening and the launch of the website austriaukraine2019.com took place on 22 February in Kyiv. The ceremony and the reception were attended by diplomats and cultural influencers of both countries. The Bilateral Cultural Year in Ukraine was inaugurated by Ambassador Extraordinary and Plenipotentiary […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
Analytics

Ukrainian choice and «green tariff»: what awaits the energy market in the coming years?

LET’S GO GREEN 2016 has set two opposing energy records. According to the International Energy Agency (IEA), oil production has fallen to a minimum level over the past 70 years. Mining companies continue to reduce costs associated with low oil prices. Mining has dropped to 2,4 billion barrels in 2016, compared with the average indicator […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

The transactions of the Delta Bank at 22 billion UAH declared as negligible

Deposit Insurance Fund (DIF) in the period of the interim administration and liquidation of insolvent Delta Bank recognized as negligible 175 deals worth 22.292 billion UAH. According to the  DIF, in particular, to 11 business transactions, including the sale of the assets with the discount, or related parties, transaction of 12.2 million UAH were recognized […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
Analytics

Unknown Switzerland

Switzerland is an amazing country, and not only in the sense of the unsurpassed beauty of the landscape, but also in the incredible economic performance having ultralow natural resources. Switzerland is a country with almost complete lack of mineral deposits. Most of the territory consists of mountain ranges of the Alps. There is everything you […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Nissan has introduced a limited series of sports cars

Nissan has introduced a new sports car Nissan GT-R NISMO Special Edition. The car is equipped with a dual 3.8-liter turbocharged V-6 engine with 600 horsepower and 481 Nm of torque. The sports car accelerates to 96 km/h in 2.8 seconds. The first sales in the US are expected this fall. The cost of the […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Australia is experiencing a record drop in GDP in 60 years

In the second quarter, the Australian economy fell by 7% to the first quarter amid a coronavirus pandemic. In the previous quarter, the decline was 0.3%. Thus, Australia has entered a recession for the first time in 30 years. The quarterly decline in GDP has been the highest since the beginning of observations in 1959. […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
Analytics

Kyiv Real Estate Market: a note for investor

Real estate market is one of the most development in the modern Ukrainian economy. We have mentioned about this topic on the LDaily pages, have analysed the main tendencies and provide the information about judicial aspects of interrelations formation with the builder within our special Construction scram  project to our readers. Today we propose to […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Who has led Formula 1 ?

The deal on the absorption by the US company Liberty Media group of companies Formula 1 is currently closed. Liberty Media has confirmed the completion of the absorption of the prestigious auto-racing Formula 1, and said that a new CEO position will head Chase Kerry. He succeeds his predecessor, Bernie Ecclestone. It became known from […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Musk called the new date of flight Starship spacecraft into orbit

The American company SpaceX will launch the first Starship spacecraft into Earth orbit, most likely in 2021. It said its founder Elon Musk, speaking at a video conference on the problem of human flight to Mars, according to TASS on Tuesday, September 1. Mask was asked when the first test flight of Starship into orbit […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Ukrkurier will pay a fine in the amount of 430 thousand UAH

Antimonopoly Committee of Ukraine has fined Ukrkurier in the amount of 430 thousand UAH for providing false information. On it informs Interfax Ukraine with reference to official information of regulator. According to the original source, it is talking about a flawed formulation that representatives of the company use on its official website in the description […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM

On 21 April, Credit Agricole signed the agreement with the European Bank for Reconstruction and Development (EBRD) and joined the «EU4Business-EBRD Credit Line» Program, within which the bank will get a EUR 25 million loan for 4 years. The purpose of the borrowing is to support micro, small, and medium-sized businesses and to expand their access to […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Vinnytsia network of pharmacies reacquires 18 million of shares

The supervisory board of Vinnitsafarmation in the press release reported:” Vinnitsafarmation which owns ‘Bazhayemo zdorovya’ network of pharmacies , intends to reacquire 18 million of common shares PJSC ‘Vinnitsafarmatsyia’ intends to redeem 18 million of common nominal shares”. PJSC ‘Vinnitsafarmatsyi’a plans to make the relevant decision at extraordinary general shareholder meeting which will take place […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

The court found guilty the NBU of bankruptcy of the “Ukrgazprombank”

March, 14 Kyiv District Administrative Court declared illegal inactivity of the regulator in relation to the “Ukrgazprombank”, which was declared insolvent in 2015, and now goes into liquidation. The lawsuit was filed by one of the contributors of the Ukrgazprombank – “Trading House Sanko” LLC , writes the  FinClub. In August 2014 the company has […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Founder of the EBay, Pierre Omidyar, has left the company’s board of directors

Founder of the platform for online auctions of the eBay Pierre Omidyar will leave the company’s board of directors and receive the title of Director Emeritus, according to release in the eBay. “For 25 years I have proudly watched as the company that I created, opened up the economic opportunities for people around the world. […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

The largest producer of tomato paste will build a plant for $ 50 million

The  Agrofusion agribusiness holding intends to invest $ 50 million in building a plant for processing tomatoes in the Mykolaiv region. This is stated in a message on the site of the Mykolayiv Regional State Administration. “The Agrofusion Company begins construction of a new plant for processing tomatoes in Snigirevskyi district, which will be the largest […]

Next
VW is close to an agreement with the California regulator, by which before wasn’t approved the plan about withdrawal cars
News

Ukrainian banks have a right to open accounts in Iran

According to Finance.ua, there is a good opportunity to extend the limits of Ukrainian financing system. The Ukrainian government provision has come into force.  The financial transaction sanctions with Iran banks were  cancelled by the resolution of the Ukrainian government. Oleh Churyi, the deputy head of NBU, admitted that National Bank of Ukraine would implement […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com