Diabytes
Emissions scandal News
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German automaker Volkswagen may end up buying back some cars affected by the emissions scandal, its chief executive told CNBC in an interview.
Volkswagen chief executive Matthias Mueller has apologised for cheating diesel car emissions tests on his first official US visit since the scandal broke in September.
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Volkswagen has agreed the terms of a 20 billion euro ($21 billion) bridging loan with banks to help shoulder the costs of its emissions scandal, three people familiar with the matter told Reuters on Wednesday.
The US government has expanded its investigation of pollution-skirting devices in diesel vehicles to other manufacturers after Volkswagen admitted it used them to thwart US environmental standards.
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