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Posted

Volkswagen and U.S. Government were going to have a hearing at U.S. Federal Court in San Francisco today for an update on the 3.0L TDI talks. But yesterday, U.S. District Judge Charles Breyer has pushed it back to next month.

Reuters got their hands on a court order in which Breyer says "negotiations are continuing between the German automaker, regulators, and lawyers representing owners," and a delay "may produce a resolution of the outstanding issues."

As we reported earlier this month, Volkswagen and regulators have possibly reached a deal for the 3.0L TDI with 60,000 of the affected vehicles being fixed, and the other 20,000 being bought back. There are still a number of issues that need to be worked out, hence the delay.

Source: Reuters


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Posted

Nothing new, but expected. I still think it would be cheaper to just buy them back, crush them and move forward.

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