Volkswagen appears to be on the verge of an agreement with the U.S. government on how to fix their 600,000 polluting diesel vehicles.
Reports are trickling in with results of the court hearing, and it seems that VW and the Feds have finally reached a deal. The judge overseeing this whole mess has announced in a court hearing that an “agreement in principle” has been reached. In the deal, VW will offer affected owners a buyback, a lease cancellation option, and also the choice to have their vehicles fixed (once the fix is approved by U.S. government officials), Automotive News reports. It doesn’t solve VW’s ongoing legal issues, but it does cut down the number of issues that they have to deal with which is likely good for them. Expect details in the next few weeks.
Like this:
Like Loading...
Related
This entry was posted on April 23, 2016 at 1:29 pm and is filed under Commentary with tags Volkswagen. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
An End To #DieselGate On Sight?
Volkswagen appears to be on the verge of an agreement with the U.S. government on how to fix their 600,000 polluting diesel vehicles.
Reports are trickling in with results of the court hearing, and it seems that VW and the Feds have finally reached a deal. The judge overseeing this whole mess has announced in a court hearing that an “agreement in principle” has been reached. In the deal, VW will offer affected owners a buyback, a lease cancellation option, and also the choice to have their vehicles fixed (once the fix is approved by U.S. government officials), Automotive News reports. It doesn’t solve VW’s ongoing legal issues, but it does cut down the number of issues that they have to deal with which is likely good for them. Expect details in the next few weeks.
Share this:
Like this:
Related
This entry was posted on April 23, 2016 at 1:29 pm and is filed under Commentary with tags Volkswagen. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.