Volkswagen Group has reached an agreement with U.S. environmental regulators to fix or buy back around 80,000 Audi, VW and Porsche vehicles with tainted 3.0-liter diesel engines.
Working with the Environmental Protection Agency and California’s Air Resources Board, Volkswagen would get the go-ahead to fix some 60,000 vehicles and offer to repurchase about 19,000 older models that would be too complex to repair.
The recall plans involve a simple software update, and avoiding a full buyback of all the cars would save the company about $4 billion.