Volkswagen has reached a deal with the US government. The carmaker will buy back up to half a million diesel cars that use emissions cheating software. That's according to a Reuters report, citing "people briefed in the matter."
Despite ongoing issues emanating from the 2015 Dieselgate scandal, and existential concerns over the future of diesel itself, the Volkswagen Group sold more, made more and paid more in 2017 than ever before.
German public prosecutors have searched BMW premises at the carmaker's Munich headquarters and in Austria, investigating suspected defeat devices capable of manipulating exhaust emissions.
German automaker Volkswagen posted a doubled net profit in 2017, selling more cars than ever before. Its bottom line held up despite an emissions scandal, but fallout from a recent testing scandal lies ahead.
Here it is again, the VW diesel crisis. Even if the German auto giant appears reformed and wants to look ahead, the legal processing in its Dieselgate scandal is only at a starting stage, says DW’s Henrik Böhme.
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