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Volkswagen

Fleet Street Remarketing Hires VW's Struna

Largo, Fla.-based Fleet Street Remarketing has hired Debbie Struna as national account manager. Struna left her role as Volkswagen of America's fleet account manager for the Pacific Region earlier this month.

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January Retail Vehicle Sales Expected to Tumble

The industry is expected to sell 1.13 million new vehicles in January, a 3% decline over the same time last year, and a 33% decline from the month before, according to Kelley Blue Book, resulting in a seasonally adjusted annual rate (SAAR) of 17.4 million.

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.

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