buyback-offer

U.S. judge delays court hearing on Volkswagen 3.0-liter diesels

U.S. District Judge Charles Breyer on Tuesday delayed a court hearing set for Wednesday on Volkswagen AG's plan to address 80,000 polluting Audi, Porsche and VW 3.0-liter vehicles. Reuters reported on Nov. 15 that VW had reached an agreement with U.S. regulators for a mix of buybacks and fixes for the 80,000 vehicles, but still needed to reach agreement on other issues including compensation for owners. The agreement includes a buyback offer for about 20,000 older Audi and VW SUVs and a software fix for 60,000 newer Porsche, Audi and VW …

View post:
U.S. judge delays court hearing on Volkswagen 3.0-liter diesels