Eric Arnold

Volkswagen To Pay At Least $15B To Settle Federal Allegations In Dirty Diesel Scandal

Nine months after the Environmental Protection Agency and California Air Resources Board revealed that Volkswagen had used so-called “defeat devices” in nearly 500,000 diesel-engine vehicles in the U.S. to skirt emissions standards, the carmaker has finally reached a partial settlement package with the agencies, along with the Department of Justice and the Federal Trade Comission, to the tune of $15 billion.  [More]

Benedict Benedict

Volkswagen Offers To Buy Back Emissions-Cheating “Clean Diesel” Cars

Owners of one of Volkswagen’s 500,000 diesel vehicles equipped with “defeat devices” designed to cheat emission standards will have two options when it comes to fixing their vehicles: allow the carmaker to buy it back or have it modified to meet emissions standards.  [More]

Volkswagen May Buy Back, Replace Emissions-Cheating Diesels In U.S.

Volkswagen May Buy Back, Replace Emissions-Cheating Diesels In U.S.

While owners of Volkswagen’s emission-cheating vehicles in the U.S. continue to wait for news on how the company plans to fix their cars, one lawyer working for the automaker says he’s preparing a generous compensation package for affected consumers.  [More]

(Eric Arnold)

VW Buyback Plan Seems More Likely As Company Struggles To Find Fix For Emission-Cheating Vehicles

Since Volkswagen admitted last year to using “defeat devices” in certain cars to cheat on emissions tests, some owners and consumer advocates have pushed for the carmaker to buy back affected vehicles from customers. VW had resisted this idea, but without any other resolution in the offing, a mass buyback offer is beginning to look possible.
[More]

Lawmakers Call For VW To Buy Back Emission-Cheating Cars At Pre-Scandal Value

Lawmakers Call For VW To Buy Back Emission-Cheating Cars At Pre-Scandal Value

Despite nearly a quarter of the 482,000 owners of Volkswagen vehicles equipped with “defeat devices” accepting a “goodwill package” of $1,000 in cash and credits for their troubles, lawmakers said on Thursday that the carmaker needs to do more – namely buy back the automobiles that violate federal air pollution emission standards.  [More]

Combining Two Best Buy Protection Plans Works Exactly As Well As You Think It Will

Combining Two Best Buy Protection Plans Works Exactly As Well As You Think It Will

Of all the perils we’ve discussed since breaking the news last December of Best Buy’s Buy Back program, we hadn’t thought about what would happen when one combines Buy Back with the electronics retailer’s notoriously sketchy Black Tie Protection program. [More]

TechFoward Sues Best Buy Over Buy Back Program

TechFoward Sues Best Buy Over Buy Back Program

Wow… that didn’t take long. Only a couple of weeks after announcing its Buy Back program, Best Buy is being sued over the plan — and not because it kinda stinks. [More]

Best Buy's "Buy Back" Program Isn't Exactly A Great
Deal

Best Buy's "Buy Back" Program Isn't Exactly A Great Deal

When we first broke the news about Best Buy’s new buy back program, we hypothesized that it probably wouldn’t be the wisest investment you could ever make. Now our labcoat-loving cousins at Consumer Reports have confirmed our suspicions. [More]

Is "Geek Squad Buy Back" How Best Buy Plans On Revolutionizing Retail?

Is "Geek Squad Buy Back" How Best Buy Plans On Revolutionizing Retail?

A few weeks ago, we wrote about Best Buy’s claim that whatever news it was going to announce during its Super Bowl ad would “revolutionize retailing.” Many of you took a guess at what that could possibly mean, and now we think me might have the answer. [More]