VW Agrees to Buy Back or Fix 500,000 “Defeat Device” Diesel Vehicles

VW Agrees to Buy Back or Fix 500,000 “Defeat Device” Diesel Vehicles

Volkswagen has agreed on the broad outlines of a plan to buy back or fix nearly 500,000 diesel-engine vehicles that were rigged to cheat on emissions tests, as well as paying what U.S. District Judge Charles Breyer, who is presiding over hundreds of class-action suits against the automaker, termed “substantial compensation” for owners of the cars.  Volkswagen’s proposal applies only to 2-liter diesel vehicles, and not to the 80,000 3-liter vehicles equipped with the faulty systems.  Judge Breyer had imposed an April 21 deadline for Volkswagen to present a plan, or to face trial. [4/21/16]

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