VW offers discounts against dirty old diesels

Carmaker Volkswagen and its subsidiaries said Tuesday they would offer cash incentives to trade in old diesel cars, as Germany struggles to reduce harmful emissions following a cheating scandal.

The VW brand said it would offer buyers trading in an old diesel a discount on cars meeting the latest Euro 6 emissions standard, ranging from 2,000 euros ($2,363) on its up! compact cars to 10,000 euros for a Touareg SUV. And the carmaker proposed an additional discount of between 1,000 and 2,380 euros for those buying more environmentally friendly hybrid, all-electric or natural-gas-powered vehicles.

VW was "acknowledging its share of responsibility for climate- and health-friendly mobility on German streets," it said in a statement.

The move by the world's biggest automaker is the first such step by a German manufacturer since a government-industry summit last week over high levels of nitrogen oxides (NOx) emitted from diesel cars.

Following the diesel summit, VW, BMW, Daimler and Opel vowed to reduce emissions with free-of-charge software updates for newer vehicles and cash-for-clunkers schemes for those more than 10 years old.

The cash offers will be valid until the end of 2017, a VW spokesman told AFP, adding that the company is considering extending them beyond Germany to cover all of Europe.