Parking problem: Volkswagen storing 300,000 diesels across US

Carmaker has paid $7.4bn to buy back 350,000 vehicles after it was exposed for circumventing emissions controlsVolkswagen has taken parking lots to a whole new level in the US – and will not be emptying them soon. Volkswagen AG has paid more than $7.4bn to buy back about 350,000 US diesel vehicles, a recent court filing shows. The German automaker has been storing hundreds of thousands of vehicles around the US for months.Continue reading...