By Jon LeSage Automotive executives and German government officials have reached agreement on software upgrades that could resolve the diesel emissions cheating scandal.
Engine software updates on about 9 million diesel cars in Germany will cost automakers nearly 2 billion euros ($2.33 billion), coming out to about 100 euros ($116.77) per car. The software updates would mean the diesel cars can cut their nitrogen oxide emissions by about 20 percent, industry and government sources told Reuters on Friday.
The move affects diesel cars falling under the Euro-6 and Euro-5 emissions standards. The plan will be presented in early August, sources said.
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