Judge To Decide On $15 Billion Volkswagen Emissions Deal

SAN FRANCISCO (AP) - A federal judge in San Francisco is facing a deadline on whether to approve a nearly $15 billion deal over Volkswagen's emissions cheating scandal that gives most affected car owners the option of having the company buy back their vehicles.

U.S. District Judge Charles Breyer said at a hearing last week that he was strongly inclined to give the deal final approval and would issue a ruling by Tuesday. It would be the largest auto-scandal settlement in U.S. history.

The deal before Breyer calls for Volkswagen to spend up to $10 billion to buy back or repair about 475,000 Volkswagens and Audi vehicles with 2-liter diesel engines and pay their owners an additional $5,100 to $10,000 each.

The settlement also includes $2.7 billion for environmental mitigation and $2 billion to promote zero-emissions vehicles.

© Copyright 2016 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.