Volkswagen’s lawyer also said in the American court that the company is close to put forward proposals to remedy emissions systems on trucks. The new mechanisms will comply with the US standards of pollution control.
Apart from this, the company reported that it failed to reach an agreement with Volkswagen dealers in the United States for compensation for their losses due to breaches of the law on harmful emissions.
Under the terms of the June deal with regulators and consumers, drivers of 2-liter vehicles such as Volkswagen Jetta, Passat and other vehicles released in 2009, will receive compensation. All owners of vehicles of the German manufacturer were also asked to hand over their vehicles and get money back, or carry out a modification of cars.
The offer does not apply to cars with 3-liter engines, including sports car of Porsche and Audi brands. Volkswagen may simply withdraw these models, which would lead to a rise in price.
Earlier, VW announced a week-long suspension of production of Sportsvan and Golf models at a plant in Wolfsburg because of a conflict with the suppliers. Previously, the company has introduced reduced working hours in the factory in Emden due to lack of spare parts, and considered adopting such measures for another three plants for the same reason.
The German automaker said that the conflict with two suppliers affected production at six plants and more than 25 thousand employees.
Manufacturer of car seats CarTrim, and manufacturer of cast iron parts for ES gearbox Automobilguss (Prevent DEV’s subsidiaries) said it will stop deliveries to Volkswagen plants after the customer broke treaties with them without explanation or compensation.
The company's suppliers claim that they lost revenues in tens of millions of euros as a result of the termination of deliveries, and demand a compensation from VW.
Almost a year ago, the German carmaker had to admit that some of the 11 million cars with a diesel engine, sold around the world, were installed a special device by which the cars had successfully passed tests on emissions. Since then, Volkswagen has had to face legal challenges in many countries. Now, apparently, the matter is gradually moving towards a solution.
The proposed agreement includes payment of fines and ability to sell already used cars back to the German company at an original price. The agreement is aimed at resolving the current acute situation between Volkswagen and dealers. The transaction will be presented for approval to a US court by 30 September.
source: wsj.com
Apart from this, the company reported that it failed to reach an agreement with Volkswagen dealers in the United States for compensation for their losses due to breaches of the law on harmful emissions.
Under the terms of the June deal with regulators and consumers, drivers of 2-liter vehicles such as Volkswagen Jetta, Passat and other vehicles released in 2009, will receive compensation. All owners of vehicles of the German manufacturer were also asked to hand over their vehicles and get money back, or carry out a modification of cars.
The offer does not apply to cars with 3-liter engines, including sports car of Porsche and Audi brands. Volkswagen may simply withdraw these models, which would lead to a rise in price.
Earlier, VW announced a week-long suspension of production of Sportsvan and Golf models at a plant in Wolfsburg because of a conflict with the suppliers. Previously, the company has introduced reduced working hours in the factory in Emden due to lack of spare parts, and considered adopting such measures for another three plants for the same reason.
The German automaker said that the conflict with two suppliers affected production at six plants and more than 25 thousand employees.
Manufacturer of car seats CarTrim, and manufacturer of cast iron parts for ES gearbox Automobilguss (Prevent DEV’s subsidiaries) said it will stop deliveries to Volkswagen plants after the customer broke treaties with them without explanation or compensation.
The company's suppliers claim that they lost revenues in tens of millions of euros as a result of the termination of deliveries, and demand a compensation from VW.
Almost a year ago, the German carmaker had to admit that some of the 11 million cars with a diesel engine, sold around the world, were installed a special device by which the cars had successfully passed tests on emissions. Since then, Volkswagen has had to face legal challenges in many countries. Now, apparently, the matter is gradually moving towards a solution.
The proposed agreement includes payment of fines and ability to sell already used cars back to the German company at an original price. The agreement is aimed at resolving the current acute situation between Volkswagen and dealers. The transaction will be presented for approval to a US court by 30 September.
source: wsj.com
