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Thursday, October 29, 2026Oct 29

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Business Briefs: VW reaches deal to fix Audis, Porsches

VW reaches deal to fix Audis, Porsches

Volkswagen reached an agreement with U.S. car owners and regulators to fix or buy back about 80,000 Audi, VW and Porsche vehicles with emissions-cheating 3-liter diesel engines.

The accord covering the 2014 Volkswagen Touareg, some 2015 Porsche models and some 2016 Audi models resolves another significant piece of Volkswagen’s emissions-cheating scandal. The company admitted last year that about 11 million diesel cars worldwide were outfitted with a so-called defeat device to game U.S. environmental tests.

Details of the agreement, including its cost to the German carmaker, weren’t disclosed during a brief hearing Tuesday in San Francisco federal court.

The accord provides for repairing the cars if a fix is approved by the government and, like an earlier deal covering 2-liter engines, includes an offer to buy back at least some vehicles. VW called the deal announced Tuesday “another important step forward in our efforts to make things right for our customers.”