Volkswagen is going to spend up big getting rid of its troublesome cheatware, the company has announced.
Reuters reckons auto industry analysts reckon the fix could cost as much as US$6.5 billion. At less than $600 for each of the 11 million affected vehicles, that's a snip, and should get engineers somewhere a bonus (but probably won't).
Incoming boss Matthias Mueller says the company will be getting in touch with customers that need a fix to make arrangements.
Mueller hasn't yet revealed what the company's engineers have told him about whether a software-only fix is feasible, nor how much getting the cars to tell the truth might cost customers in terms of performance or efficiency.
He did, however, say the company will submit the details to Germany's regulator, KBA, in October. The regulator had previously told VW it had until October to set down a timetable for cleaning up its mess.
Previous CEO Martin Winterkorn is now being investigated for fraud.
Mueller also told a gathering of 1,000 “top managers” the VW division will be spun out to operate with the same kind of independence as Audi and Porsche, as a step to modernise the company. ®