Volkswagen expected to reveal buyback plan for emissions-cheating diesel cars

By the Los Angeles Times

Apr 21, 2016

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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.

A deal is expected today 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, a person briefed on the matter said.

Read the full story at latimes.com.

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