Skip to main content

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]

The post Court Hearing for 3.0L TDIs Delayed appeared first on VWVortex.



from VWVortex http://ift.tt/2gKsj2p
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

You can't scam VW by buying a dirty diesel now and still get full payout

Filed under: Government/Legal , Green , Volkswagen , Diesel VW's lawyers have naturally put in a clause that will prevent anyone from buying a known dirty TDI from getting the full buyout amount from the OEM. Continue reading You can't scam VW by buying a dirty diesel now and still get full payout You can't scam VW by buying a dirty diesel now and still get full payout originally appeared on Autoblog on Thu, 30 Jun 2016 14:44:00 EDT. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments from Autoblog Volkswagen http://ift.tt/297SxtR
Post a Comment
Read more

2018 Lamborghini Aventador S Roadster Review

“Supercars just don’t excite me anymore.” These words, spoken to me over a month ago by another journalist, friend, and (so-called) enthusiast were echoing in my head for far too long, but they’ve finally been drowned out. Drowned out by the wail of a naturally aspirated 6.5-liter V12 engine mounted in the middle of the new Lamborghini Aventador S Roadster. My friend’s point is that back in the good old days, there was a crop of supercars that captured the imagination with amazing style, sounds, performance, and more. Today, it seems like everything is capable of supercar performance, with large luxury sedans outdoing some of the best and most dedicated teams of car nuts, while former pillars of automotive excellence are suddenly pumping out family-friendly SUVs. Beyond that, another league of supercars, dubbed hypercars have cropped up with hybrid gas-electric powertrains that make magical things happen quickly, but at the cost of the acoustic drama, visual flair, and engag...
Post a Comment
Read more

PZM 73rd Rally Poland Kicks Off

The WRC is in Poland and after only one stage there are three Volkswagens in the top five. Today’s special stage at the Mikolajki Arena is the first stage, but the rally doesn’t begin in earnest until Friday. Today’s super special stage was less than two minutes long, and less than a second separates the top five drivers. Hyundai Motorsport’s Thierry Neuville tops the charts today, followed closely by Volkswagen’s Andreas Mikkelsen. Sebastien Ogier and Jari-Matti Latvala are in fourth and fifth, respectively. Expect Ogier to climb the rankings, though. Not only did he win the rally last year, he has won every year since 2013. And with rain expected on Friday, Ogier’s chances are even better. “If it’s a bit wet then I hope I can make some good times,” said Ogier earlier today. “The best would be some good rain during the night so it’s a damp surface and then not too bad weather during the day so specators can enjoy the show without being too wet.” If it is dry, though, speed is on ...
Post a Comment
Read more