Volkswagen 3.0L diesel vehicle upgrade program approved "emissions scandal" has cost the public 30 billion US dollars

According to Reuters, regulatory agencies in the United States and California have approved an upgrade plan proposed by the public, which involves 38,000 cross-boundary vehicles equipped with 3.0-liter diesel engines. The latter's emissions may exceed the standard.

VW last Friday (2017.10.20) stated that after the upgrade program was approved, VW would not have to repurchase the 2013? 2016 luxury Porsche Cayenne diesel vehicles, the VW Touareg diesel vehicles and the 2013?2015 Audi Q7 cross-border diesel vehicles. US District Judge Charles Breyer approved a settlement agreement in May this year: If the U.S. government fails to pass the Volkswagen diesel car upgrade program, then Volkswagen will have to buy back these diesel cars. The settlement agreement also includes: Volkswagen agreed to pay at least US$1.22 billion to upgrade or repurchase nearly 80,000 vehicles equipped with a 3.0-liter diesel engine. Volkswagen agrees to pay $8,500 to $17,000 to owners who have completed vehicle upgrades. However, if the EPA and the California Air Resources Board do not pass the Volkswagen 3.0L diesel upgrade program, then the public will have to pay up to US$4.04 billion.

The adoption of the 3.0L diesel car upgrade program is very happy for the public. Some models require hardware and software upgrades, but the new model only requires software upgrades. VW stated that it is negotiating with the regulatory agency to apply the upgrade plan to other 3.0L diesel models as soon as possible.

As early as 2016, US District Judge Charles Breyer passed another settlement of the public. At the time, Volkswagen was asked to repurchase 475,000 2.0L diesel vehicles, involving a total amount of up to $14.7 billion.

Volkswagen has agreed to pay $25 billion to settle claims and buy-back requests from owners, environmental regulators, US government, and distributors. In April this year, Volkswagen admitted to bypassing the American diesel vehicle emission control system and was sentenced to three years suspended after confessing to committing three serious crimes. In September of this year, Volkswagen stated that it would have to spend another US$3 billion in the United States to upgrade other diesel vehicles. At this point, since the outbreak of the emissions scandal, the public spent a total of about 30 billion U.S. dollars to deal with diesel emissions.

Volkswagen is working hard to minimize the negative impact of the emissions scandal that has lingered for two years, and has begun to shift to the public electric vehicle market.