Audi to buy back 25,000 diesel Q7 models in U.S.: Der Spiegel
People walk past a Audi new Q7 car at the 13th China (Guangzhou) International Automobile Exhibition in Guangzhou, China November 20, 2015. REUTERS/Tyrone Siu
FRANKFURT (Reuters) - Volkswagen's
Audi representatives are in talks with U.S. authorities about fixing 85,000 cars which failed exhaust tests.
Preliminary discussions have revealed that around 25,000 older generation cars cannot be fixed and need to be bought back by the German carmaker, Der Spiegel said.
Audi declined to comment.
(Reporting by Edward Taylor; Editing by Elaine Hardcastle)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US ban on worker noncompetes faces uphill legal battle
- Toyota to invest $1.4 billion in its Indiana plant, adding 340 new jobs
- Agency bars Chinese telecom carriers from offering US broadband services
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!