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VW Given Until April 21 to Reach Accord on Diesel Fixes
U.S. District court Judge Charles Breyer has extended today’s deadline to April 21 for a final plan to remedy some 580,000 emission-cheating diesels sold in the country by Volkswagen AG over the past six years.
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U.S. District court Judge Charles Breyer has extended today’s deadline to April 21 for a final plan to remedy some 580,000 emission-cheating diesels sold in the country by Volkswagen AG over the past six years.
Breyer set the March 24 deadline last month after declaring VW and government regulators would have labored “long enough” to reach agreement by then.
VW has been negotiating since September on a deal with the Environmental Protection Agency, U.S. Dept. of Justice and California Air Resources Board. Today the participants told the court they are making progress.
A settlement package is expected to include repairs to some affected vehicles, buybacks for others and hefty government fines. Earlier reports said a deal may also may establish two VW-funded reparation programs to promote “clean” transportation options.
Breyer says a lack of settlement by the new deadline may prompt him to begin a trial on about 500 owner lawsuits that have been consolidated in his San Francisco court.
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