Report: VW to buy back up to 115,000 cars

January 8, 2016 7:57 AM

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Volkswagen Group could be preparing to buy back as many as 115,000 diesel-powered cars in the U.S. as part of the fallout from its emissions scandal, a German newspaper reports.

That number would represent about a fifth of the 580,000 cars and crossovers with diesel engines that are believed to violate their certification levels, says the newspaper Sueddeutsche Zeitung, as reported by Reuters.

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