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Volkswagen prepared to compromise on diesel fixes: source

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Reuters HAMBURG

HAMBURG (Reuters) - Volkswagen is prepared to agree to a compromise on hardware retrofits for diesel vehicles and to offer further incentives for drivers to swap some older diesel vehicles for newer ones, a person familiar with the matter said.

But the carmaker rejects a proposal that carmakers should buy back older diesel vehicles, the person said.

Volkswagen declined to comment.

(Reporting by Jan Schwartz; Writing by Maria Sheahan; Editing by Alex Ratz and Thomas Seythal)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Sep 27 2018 | 8:28 PM IST

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