VW may buy back some cars in emissions scandal: CEO on CNBC

VW may buy back some cars in emissions scandal: CEO on CNBC

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Volkswagen CEO Matthias Muller speaks at their media reception during the North American Internation …

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Volkswagen CEO Matthias Mueller leaves after making a statement, following a meeting ahead of deadli …

FRANKFURT (Reuters) – German automaker Volkswagen may end up buying back some cars affected by the emissions scandal, its chief executive told CNBC in an interview.

"In some cases it's very effortless to repair the cars, in other cases it's very expensive & in that case we have to negotiate whether it would be better to bring back some of the cars to Volkswagen," Matthias Mueller told CNBC at the Detroit auto show on Monday.

"In theory it's possible," he said.

p> Some U.S. regulators & lawmakers have said VW may have to buy back older models. German daily Sueddeutsche Zeitung reported last week that VW assumed it would have to buy back approximately 115,000 cars in the United States.

(Reporting by Maria Sheahan & Georgina Prodhan; editing by David Clarke)

Volkswagen

Source: “Reuters”

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