Volkswagen Group assumes it will have to buy back about 115,000 cars in the United States as a result of the emissions scandal, a German newspaper reported.VW expects it will have to either refund the purchase price of about a fifth of the 580,000 diesel vehicles affected or offer a new car at a significant discount, the Sueddeutsche Zeitung said a report today.
The automaker expects that the rest of the vehicles will need major refits, incurring significant costs for parts and a long stay at the garage as parts of the exhaust must be reconstructed and approved, the newspaper reported.
VW could not be immediately reached for comment.
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