Ever since Volkswagen’s ugly Dieselgate scandal wafted into our lives last year, the world has been eagerly waiting for the automaker to present a resolution to its customers. Tomorrow, the brand is expected to submit its plan to a federal judge in San Francisco. VW’s plan? Buy the cars back.
According to a report by Automotive News citing sources close to the matter, VW will offer to buy back nearly 500,000 diesel vehicles in the United States, each of which was equipped with illegal software meant to fool emission testing equipment. Affected cars include the 2008-2015 Volkswagen Jetta, Volkswagen Golf, and Audi A3; however, vehicles featuring the automaker’s 3.0-liter turbodiesel V6 — which was also found with the emissions-fooling “defeat device” — are not expected to be a part of the buyback at this time.
Some buyers will inevitably choose to hang on to their cars (dirty as they may be), so to accommodate them, the German automaker may also offer to repair the vehicles if the government approves its suggestions. In addition, VW will reportedly agree to a compensation fund for its diesel customers, the value of which may reach more than $1 billion. To be clear, owners that decide to sell back their vehicles will still receive a cash payment, the amount of which has yet to be announced. VW had not officially commented on the matter at the time of this writing.
No matter what happens in court tomorrow, the Dieselgate scandal is far from over. The brand is still reshuffling its management structure, and the Federal Trade Commission recently filed a complaint in federal court claiming the company’s ironic “Clean Diesel” advertising campaign was intentionally deceitful and illegal.
How will the owners of the cars move forward? Looks like we find out tomorrow.