After paying billions in fines over an emissions-cheating scandal in the US, Volkswagen now has to park thousands of bought-back diesel automobiles at nearly 40 facilities across America.
The German automaker has paid over $7.4 billion to buy back nearly 350,000 diesel vehicles in the US as of February, according to the court filing, seen by Reuters.
The world’s biggest auto concern reportedly owns 37 secure-storage facilities, including a football stadium in Michigan, a former paper mill in Minnesota, and a sun-bleached patch of desert in California.
The parking lots serve “to ensure the responsible storage of vehicles that are bought back under the terms of Volkswagen,” according to the company.
Volkswagen has stashed over $25 billion to settle claims from environmental watchdogs, affected owners, states and dealers across the US. The automaker offered to buy back around 500,000 polluting vehicles in the country. The buybacks will reportedly continue through the end of 2019.
Volkswagen Group, which owns the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, and Skoda brands, admitted it had used sophisticated software to cheat on emissions tests, installed in as many as 11 million diesel vehicles sold worldwide.
In 2015, the US Environmental Protection Agency (EPA) accused the German group of cheating on emissions tests. The agency found discrepancies in several models of four-cylinder diesel vehicles manufactured since 2009, including the Jetta, Beetle, Golf, Passat and the Audi A3. In April 2017, Volkswagen was put on three years’ probation and had to pay $4.3 billion in federal penalties.
Text source: RT