Volkswagen Reaches Deadline For Diesel Car Fix, Plans To Compensate Owners
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SAN FRANCISCO (AP) - Time is up for Volkswagen to meet a federal judge's deadline to detail how it will make nearly 600,000 diesel cars rigged to cheat on emissions tests comply with clean air laws.
Senior U.S. District Judge Charles Breyer said he wanted to know the timing of the fix and any planned payments to vehicle owners by a court hearing set for Thursday.
A person briefed on the matter says a deal is expected to be announced between Volkswagen, the U.S. government and private lawyers for the automaker to buy back some of the vehicles and spend just over $1 billion to compensate owners.
The person says the agreement, however, does not include plans on how to repair the vehicles.
It is unclear whether the deal will satisfy Breyer.
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