© REUTERS/ Fabian Bimmer
The company will buy back or fix about 500,000 diesel cars, the Wall Street Journal reported.
The Volkswagen emission scandal became public when the US Environmental Protection Agency accused the German automaker of using software to falsify emission test results for its diesel-engine cars.
In September 2015, Volkswagen admitted that it had installed software in their vehicles to falsify emission tests. The company later clarified that an estimated 11 million diesel-engine cars worldwide were emitting up to 20 times more greenhouse gas than showed in the tests.
In early November 2015, the company offered $1,000 in gift cards and vouchers as well as three years of free roadside assistance as a goodwill effort after angering owners of some 482,000 cars who paid extra for the vehicles to be environmentally conscious without loosing power.
Volkswagen's management knew about emission test rigging as early as August 2015, a month prior to the start of the public scandal, according to the Bild newspaper reported.
Comment: This whole 'scandal' is based on industrial sabotage. This is the US/Western Order giving the rising Germany 'something to think about', much like the contrived 'euro crisis', the contrived 'Ukraine crisis' and the contrived 'refugee crisis'.
They can't have Germany cosying up to Russia, and the best way to ensure that is to keep it weighed down in expensive runarounds.
The NSA undoubtedly has heaps of insider data it can 'leak' at any time - not least corporate emails. That is, after all, the primary function of the US 'National Security State'.