Business World

Friday 24 November 2017

VW says car values unaffected by scandal

Volkswagen. Photo: PA
Volkswagen. Photo: PA
Eddie Cunningham

Eddie Cunningham

The Volkswagen group here has moved to reassure owners of 115,000 vehicles affected by the emissions scandal over trade-in values - insisting the repairs will be carried out by the third quarter of this year.

In the most recent tranche of letters to owners of the brands affected (Volkswagen, Audi, Skoda and SEAT), it is estimated the work should only take up to one hour.

The 'solutions' for 1.2TDi engines will be rolled out in the "second quarter" of the year, while cars with 1.6-litre TDI engines will be dealt with in the "third quarter", the letters say.

And in a special 'Frequently Asked Questions' section, VW says it does not expect that there will be "any effect" on the residual/trade-in values of the cars involved.

It also says the fixes required to overcome the emissions problems will have "no impact" on road tax or NCT tests.

And it emphasises that the "measures" will have "no adverse effect" on the performance of the engine, fuel consumption or CO2 emissions.

Owners are told they will be notified when the "technical measure for your car is ready to be deployed".

Around 115,000 Volkswagens, Audis, Skodas and SEATs in Ireland are affected by the scandal. In all there are three diesel engines involved in the recall for Ireland: a 2-litre, a 1.2-litre and a 1.6-litre.

Irish Independent

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business