Volkswagen Makes Pact with U.S
Volkswagen, a German based and the largest vehicle manufacturing company in the world, has made a pact with the United States following an emissions scandal that rocked the company a few months ago. One of the main objectives of this agreement is to help restore the public image by using payouts and other concessions. This pact will definitely help to restore public confidence and foster good working relationship between car dealers and the auto manufacturing company.
Most of the diesel-powered vehicles that are currently on U.S roads cannot be adjusted to comply fully with the stipulated air pollution regulations. One of the company officials, Robert Giuffra, has revealed that most of the large vehicles can be retrofitted to comply with these regulations, and this is good news for the people who already have these cars. He also went a step further to mention that the company is close to finding a lasting solution to the emission problem for these large vehicles.
The company plans to compensative approximately 650 U.S Volkswagen dealers as well as the consumers for the losses that they incurred due to violations of the emissions law. The deal states that owners of the 2-liter vehicles, such as Jettas and Passats that were manufactured from 2009, will receive compensation and also an opportunity to sell the car back to the company or accept a repair. It is worth noting that the larger vehicles that have a 3-liter engine, such as the sporty utility vehicles like Audi and Porsche, were not included in the deal.
Regulators at the California Air Resources Board and U.S Environmental Protection Agency agreed to the fact that the smaller cars did not have the capacity to meet the set regulations. CARB estimates that a repair would help lower the emission by 80-90%, but this fix will not make the vehicles fully compliant with this law.