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VW Diesel Scandal

Two Michigan men have been charged with allegedly conspiring to steal Volkswagen and Audi diesel vehicles involved in the emissions scandal that were parked at the Pontiac Silverdome, U.S. Attorney Matthew Schneider announced March 11.

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Final VW Diesel Modification Approved

Volkswagen has gained approval from air regulators of the final modification plan for the remaining vehicles that contain software designed to defeat emissions tests, the California Air Resources Board has announced.

Volkswagen Storing 300,000 Diesels Around U.S.

Volkswagen has been storing the diesel-powered vehicles it bought back from customers at 37 secure storage facilities that include a suburban Detroit football stadium, former Minnesota paper mill, and desert parking lot near Victorville, Calif., Reuters is reporting.

VW Has Fixed, Repurchased Half of 2.0L Diesels

Volkswagen has bought back or repaired more than half of the 475,000 vehicles with 2.0-liter diesel engines that failed to meet emissions standards as part of a federal settlement about six months after it began the program.

VW Settles Civil Claims for 3.0L Diesels

Volkswagen has agreed to pay $1.2 billion to buyers of vehicles powered by its 3.0L V-6 diesel engine that violated emissions regulations in a settlement that must receive a blessing from the U.S. Federal Trade Commission and a federal judge.

VW Buyback Funds Police Fleet Purchases

The Town of Red Bank, Tenn., Police Department will turn in its Volkswagen diesel Passat cars through the automaker's buyback program and use an additional $46,500 to buy seven Ford police vehicles.

VW Reaches $1B Settlement for 3.0L Diesels

Volkswagen has reached an agreement to settle claims relating to its 3.0L V-6 TDI engines with a commitment to buy back a quarter of the vehicles, set aside $225 million toward emissions reduction, and pay $25 million to support the use of zero emission vehicles (ZEVs) in California.

VW to Start Diesel Buybacks, Fleets Eligible

Volkswagen will begin buying back its 2.0L diesel models following approval Tuesday of a $14.7 billion settlement by a federal judge and expects to complete the process by the middle of November.

VW to Lower Prices, Will It Affect Residual Values?

Volkswagen will begin offering its new models for lower prices and provide dealers with a broader product range in a move that could lower residual values if incentives remain high, one expert told Automotive Fleet.

Volkswagen Diesels Showing Higher Depreciation

Volkswagen's diesel models have lost their value in the auction lanes at a much sharper rate than comparable gasoline models since revelations came to light that the company had included a software cheat in the vehicles to beat emissions tests.