VW News: As the Diesel Emits: EPA Official Voices Concern About Volkswagen and U.S. Government Reaching A Deal

[William Maley]

Volkswagen has already missed one deadline set by U.S. District Judge Charles Breyer on reaching a deal with the U.S. Government over the diesel emission scandal. Breyer has given them a second deadline of April 21st. Now the administrator of the EPA worries they could miss the second one.

 

Speaking to reporters at a breakfast, EPA Administrator Gina McCarthy said she has concerns about the two groups being able to reach a deal before the deadline.

 

"I wouldn't take any single signal as the direction of those negotiations or where any final agreement - if we reach one - will end up," said McCarthy.

 

If an agreement isn't reached by April 21st, Breyer has said he would consider bringing this to trial over the summer.

 

Source: Reuters

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[G. David Felt]

I would think the easiest at this time would be a buy back of all affected auto's. VW needs to get this behind them as it is really affecting their sales and image.

 

Trash the image to a point that recovery will be near impossible or just one long ass expensive time frame. Just look at what the American Auto industry has done and how hard it has been to recover and rebuild that image.