Horn makes a brief statement to reporters before testifying to the House Energy and Commerce Committee’s Oversight and Investigations Subcommittee in Washington.
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Volkswagen AG's top U.S. executive told a congressional committee the automaker may have to retrofit about 430,000 diesel vehicles with costly add-on tanks or other equipment in order to meet emissions standards, a process that could take years.Michael Horn, the president and chief executive officer of Volkswagen of America, said those cars will need more than software to bring the cars into compliance with U.S. requirements. The hearing is the first public questioning in the U.S. of a VW executive since the U.S. Environmental Protection Agency and the California Air Resources Board announced their investigation Sept. 18 .Horn said it appeared that the technology was installed because the cars couldn't otherwise meet U.S. emissions standards. The company doesn't plan to buy back the affected cars, but aims to fix them, he said. Horn learned in early 2014 that the carmaker might not be following emissions regulations on its diesel models, and the topic came up again later that year, when he was told VW's technical teams had a plan for fixing the cars involved, he said.
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