Court Hearing for 3.0L TDIs Delayed

A court hearing scheduled for today, to discuss the settlement between Volkswagen and owners of 3.0-liter TDIs has been delayed. US district Judge Charles Breyer wrote in a court order that the delay could allow VW, regulators, and lawyers representing 3.0-liter TDI owners to work out the final details of the settlement.

Despite reports that VW and US regulators had agreed to the broad terms of a settlement for owners of vehicles fitted with 3.0-liter TDI engines, the finer points of the agreement, like how much to compensate owners, still need to be hashed out.

It is still expected that VW will agree to buy back about 20,000 older cars and offer to fix the remaining 60,000 Porsches, Audis, and VWs.

On top of buybacks, VW is expected to add more into its $2.7 billion environmental trust, which it agreed to set up in the 2.0-liter TDI agreement. This contribution to the fund, though, is expected to be less than $2.7 billion.

Judge Breyer delayed the hearing until December 16, 2016.

[source: Automotive News]

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