Volkswagen Says Diesel-Buyback Program Is Well Ahead of Schedule – Wall Street Journal (subscription)

Posted: Friday, April 14, 2017

Volkswagen AG has bought back or terminated the leases of nearly 238,000 diesel vehicles from owners affected by the company’s emissions-cheating scheme, surpassing the 50% milestone earlier than it anticipated as customers responded to generous financial terms not typically associated with a product recall.

The German auto maker offered to buyback 475,000 Volkswagen two-liter diesel vehicles in a program that kicked off in…

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