Subscribe

Most VW diesel owners want the buyback, not a fix for their cars

Almost half of the 475,000 TDI owners have already signed up for Volkswagen's settlement program—and most of them don't seem interesting in waiting for modifications.

  • close
    The VW sign of Germany's Volkswagen car company is displayed at the building of a company's retailer in Berlin.
    Markus Schreiber/AP/File
    View Caption
  • About video ads
    View Caption
of

Under the terms of a proposed settlement, owners of Volkswagen 2.0-liter 4-cylinder diesel cars with illegal "defeat device" software have two options.

They can take a buyback from VW, or wait to have their cars modified to meet emissions standards, assuming said modifications are ultimately approved by regulators.

Almost half of the 475,000 affected TDI owners have already signed up for the settlement program—and most of them don't seem interesting in waiting for modifications.

The majority of the 210,000 owners who have signed up want buybacks, Elizabeth Cabraser—lead plaintiff's attorney in the settlement—said in an interview with Bloomberg.

A buyback may seem like the more sensible option, given that Volkswagen hasn't managed to get any modifications for the 2.0-liter TDI cars approved by the U.S. Environmental Protection Agency (EPA) and California Air Resources Board (CARB).

CARB said last month that it would begin testing modifications proposed by VW, but hasn't made any pronouncements since.

The overall settlement received preliminary approval from a U.S. judge at the end of July, but while owners can enroll for the process, formal buyback offers still won't come until at least October and perhaps longer.

Since news of the Volkswagen diesel scandal broke almost a year ago, owners have expressed concerns that modifications may adversely affect performance and fuel economy.

Many analysts, meanwhile, have questioned whether the majority of cars can be economically modified at all.

That's because about 325,000 of the 2.0-liter TDI cars lack selective catalytic reduction systems (SCR, also known as urea injection).

Those systems are now all but universally used to reduce emissions from most diesel cars built in the last few years. VW's had been a notable exception.

It's unclear whether the affected cars can meet emissions standards without SCR systems, and installing them would require the addition of considerable extra hardware.

Buybacks might also prove a quicker way for VW to address the majority of 2.0-liter TDI cars, as it does not rely on owners bringing their cars into dealers to be modified.

Buyback offers won't go out until the settlement receives its final approval, which can only happen at or after a hearing on October 18.

Owners will likely have to wait beyond that for any modifications.

Meanwhile, owners of TDI models equipped with 3.0-liter V-6 engines will remain in limbo until at least November.

That's when Volkswagen and regulators must report on progress regarding a settlement for those vehicles.

The Christian Science Monitor has assembled a diverse group of the best auto bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. To add or view a comment on a guest blog, please go to the blogger's own site by clicking on the link in the blog description box above.

About these ads
Sponsored Content by LockerDome
 
 
Make a Difference
Inspired? Here are some ways to make a difference on this issue.
FREE Newsletters
Get the Monitor stories you care about delivered to your inbox.
 

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK