And now, for its most expensive act: Volkswagen might buy back some of the 575,000 cars affected by Dieselgate in the United States.
Robert Giuffra, a lawyer defending Volkswagen against class-action suits, indicated during a court hearing at the U.S. District Court in San Francisco last week that if the German automaker is unable repair some of its diesel models in a timely manner, it might opt to simply buy them back, the New York Times reported.
"We might have to do a buyback or some sort of a solution like that for some subset of the vehicles, but that hasn’t been determined yet,” the Times quoted Giuffra as saying, according to a transcript of the hearing. Read more...
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