needing a little more time

Benedict Benedict

Volkswagen Gets More Time To Sort Out Buy-Back/Fix Plan For Cheating Diesels

In April, Volkswagen and federal regulators came to a proposed settlement agreement that would see the embattled carmaker offer to buy back hundreds of thousands of vehicles equipped with emissions-cheating “defeat devices.” However, that plan was still far from final, and didn’t explain how VW would actually fix these cars. The court had given the company and the government until June 21 to reach a final agreement, but now that deadline has been extended — just the latest extension for the carmaker that admitted to using emissions-cheating software in more than 11 million vehicles worldwide.  [More]