Volkswagen will pay over $200 million to a fund created to cut diesel pollution as part of its agreement over its emissions cheating 3.0-liter diesel vehicles.
In June, the German company agreed to place $2.7 billion into the same fund to offset the emissions from its 2.0-liter diesel vehicles. The latest $200 million will be in addition to the compensation VW will offer to the 80,000 owners of its polluting Audi, Porsche and VW SUV models.
As with its 2.0-liter vehicles, VW will initiate a mix of buybacks and repairs for the 3.0-liter vehicles and has reached an agreement with U.S. regulators to buy back 20,000 older Audi and VW SUVs and implement a software fix in the remaining 60,000 newer vehicles.
Reuters reports that, following the latest $200 million fine, VW has spent roughly $16.7 billion in the U.S. on the diesel emissions saga. What’s more, the company is expected to be hit with billions in additional fines due to a civil suit over violations of the Clean Air Act and as part of a possible settlement with the Justice Department.
Cars affected in the U.S. with the faulty 3.0-liter engine are the 2009-2016 VW Touareg, 2013-2016 Porsche Cayenne, Audi A7, 2014-2016 Audi A6, Audi A8, Audi A8L, Audi Q5 and 2009-2016 Audi Q7 models.
PHOTO GALLERY
