California Rejects VW 3.0 Liter DieselGate Fix Opening Up Company for More Buybacks

California's chief air regulator has rejected a proposed recall plan from Volkswagen AG to fix 16,000 3.0-liter diesel Volkswagens, Audis and Porsches in the state equipped with devices designed to cheat emissions tests.

The California Air Resources Board said on Wednesday the plan to fix the VW and Audi luxury vehicles, which range from model years 2009-2016, was insufficient.

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MDarringer - 7/14/2016 8:40:33 AM

0 Boost

Oh boy! Cha ching cha ching.

mre30 - 7/14/2016 1:50:06 PM

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Maybe the only way for VW to survive is for Tesla to buy it. They could rename the whole pile VolksTelsaCitySolarWagon. All the lefty-liberal, socialist bases would be covered.

The Obama administration would then rally behind the whole City-People-Solar-Diesel concept and Dieselgate would just go away.

Tesla's EV credits would cancel out the diesel emissions issues, environmental paperwork transfers would net out against all the problems, and people can continue to buy and sell their Golf TDI's that they loved so much.

TomM - 7/14/2016 4:44:28 PM

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Tesla cannot afford to buy VW - and It will survive far longer than Tesla will - because Tesla is already over leveraged.

mre30 - 7/14/2016 5:03:21 PM

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Of course my post was meant to be humorous.