BREAKING NEWS

BREAKING NEWS

Volkswagen prepared to compromise on diesel fixes - source

Volkswagen prepared to compromise on diesel fixes - source
FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst/File Photo -
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HAMBURG (Reuters) - Volkswagen <VOWG_p.DE> is prepared to agree to a compromise on hardware retrofits for diesel vehicles and to offer further incentives for drivers to swap some older diesel vehicles for newer ones, a person familiar with the matter said.

But the carmaker rejects a proposal that carmakers should buy back older diesel vehicles, the person said.

Volkswagen declined to comment.

(Reporting by Jan Schwartz; Writing by Maria Sheahan; Editing by Alex Ratz and Thomas Seythal)

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