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German paper says Volkswagen will likely buy 115,000 cars back from US owners

On Thursday a German newspaper reported that Volkswagen Group "assumes it will have to buy back about 115,000 cars in the United States," according to Reuters.

Volkswagen officials have been working with US regulators to come to an agreement about how best to fix the nearly 600,000 diesel vehicles in the US that were discovered to illegally include software—generically called a defeat device—that thwarts the emissions...

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