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]

(Kenny Lannert)

BMW Gets Extension To Come Up With Takata Replacement Parts

Automakers of cars equipped with defective Takata airbags have just a week to stockpile enough replacement parts to fix the vehicles deemed to be the most at risk for a rupture. That is, all of the carmakers beside BMW, which now has five additional months, after tests of its chosen replacement parts failed safety tests.  [More]

Tax Tip For Lazy People: How To Get An Extension On Your Income Taxes

Tax Tip For Lazy People: How To Get An Extension On Your Income Taxes

You need an extension.