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Volkswagen AG had its North America diesel emissions settlement increase another $1.6 billion in a deal made with vehicle owners in Canada. The German automaker will pay up to C$2.1 billion ($1.6 billion) to buy back or fix 105,000 VW vehicles sold to owners in Canada, the company said yesterday. The settlement in Canada brings […]

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Volkswagen has the potential to earn revenue from the $2 billion the automaker is required to spend on zero-emission vehicle projects in the diesel emissions settlement, a federal agency official said. U.S. Environmental Protection Agency enforcement chief Cynthia Giles said “nothing” in the consent decree prohibits VW “from obtaining revenue” from projects that receive that […]

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Volkswagen’s long-anticipated $14.7 billion diesel emissions cheating settlement was finalized today in a federal court. Under the settlement affecting owners of up to 475,000 polluting diesel cars, the German automaker agreed to spend up to $10.033 billion on buybacks and owner compensation. Another $4.7 billion will be spent on programs to support zero emission vehicle […]

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A $2 billion portion of Volkswagen’s proposed $14.7 billion “Dieselgate” settlement could take several companies out of business in electric vehicle charging, according to a court document filed by ChargePoint. ChargePoint, which operates the largest U.S. network of charging stations for plug-in electrified vehicles, requested an intervention in federal court late Tuesday claiming the settlement […]

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The head of the U.S. Environmental Protection Agency’s air-quality and transportation office in Michigan is raising hackles for automakers – especially Fiat Chrysler Automobiles and its $5.1 billion tab. Chris Grundller, director of the EPA’s transportation and air quality office, says that FCA needs to spend $5.1 to comply with U.S. fuel economy standards for […]

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Owners and lessees of affected Volkswagen diesel cars are reportedly choosing buybacks over fix-its. To date, according to Automotive News, almost half of 475,000 owners and lessees of Volkswagen AG diesel cars sold in the U.S. have registered to participate in the preliminary court settlement following VW’s diesel emission cheating scandal. And of these 210,000 […]

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A new VW Group electric car expected to surpass the 200-mile benchmark will be rolled out in 2019, according to VW brand chief Herbert Diess. More specifically, Diess told German publication Wirtschafts Woche that the all-electric car will travel between 400 to 600 kilometers (about 250 to 373 miles) on a single charge. What’s not […]

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Volkswagen AG has agreed to a recall with Germany’s KBA motor vehicle authority of 800,000 diesel cars fitted with emissions cheat software. Volkswagen said Friday that KBA has approved software fixes on Passat, CC, and Eos models with two-liter diesel engines. Owners of these models in Germany have already received a letter notifying them of […]

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