[15] Bmw Car Prices At This Year Highlight

A federal judge had approved a settlement requiring Volkswagen to spend about $1.2 billion to fix or buy back nearly 80,000 vehicles equipped with 3.0-liter diesel engines. The latest fix covers 2013-15 Audi Q7 models, as well as 2013-16 versions of the Porsche Cayenne and Volkswagen Touareg. The company did not give details about the fix — a software modification — or the potential effect on performance or mileage.

In addition, owners will receive roughly $7,000 to $16,000 each, depending on the vehicle’s year and model.

Volkswagen is awaiting approval for proposed repairs to passenger cars with the same engine. Last year, it reached a separate settlement requiring it to buy back 475,000 vehicles with 2.0-liter engines that emit unsafe levels of pollutants.

That settlement was part of about $25 billion in fines and other costs that Volkswagen has agreed to pay to address claims brought by consumers, regulators and states in connection with the company’s scheme to evade federal emissions rules with so-called defeat devices in diesel vehicles.

On the European investigation, Volkswagen confirmed that it was the subject of the inspections in Germany on Monday, saying the regulators had examined documents at its offices in Wolfsburg and at offices of its Audi subsidiary in Ingolstadt.

Daimler, whose brands include Mercedes-Benz, said that an “announced inspection” had taken place, and that the company was “cooperating fully.”

Last week, Daimler said it had offered to provide evidence about a suspected conspiracy to antitrust investigators in return for lower penalties. Last year, in connection with a cartel operated by truck manufacturers, the European Commission fined Daimler more than 1 billion euros, or $1.18 billion.


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