U.S. regulators approve fix for 326,000 VW diesels
Source: Reuters
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JULY 27, 2017 / 11:01 AM / 2 HOURS AGO
U.S. regulators approve fix for 326,000 VW diesels
David Shepardson
WASHINGTON (Reuters) - The U.S. Environmental Protection Agency and California Air Resources Board on Thursday approved a fix for 326,000 Volkswagen AG (VOWG_p.DE) diesel cars, the agencies and the automaker said Thursday.
The fix will include hardware and software upgrades, including replacing an emissions catalyst but will reduce vehicle fuel economy ratings by as much as 2 miles per gallon.
The world's largest automaker will still need to obtain approval for a resale plan for the 2009-2014 model diesel vehicles after making repairs - something that is expected in the coming weeks - but the fix is a significant milestone for the company that aims to move beyond its diesel emissions crisis.
Volkswagen said in a statement it was pleased with the approval and that it means 98 percent of 2.0-liter diesel vehicles have been approved for a fix. Regulators said extensive testing shows the fix will not affect "vehicle reliability or durability."
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Read more: http://www.reuters.com/article/us-volkswagen-emissions-regulator-idUSKBN1AC2F3