
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]