VW to offer buyback, payout to owners of polluting cars

VW to offer buyback, payout to owners of polluting cars San Francisco (AFP) April 21, 2016 - Volkswagen reached an agreement Thursday with US regulators to offer US owners of some 480,000 illegally polluting diesel cars options of "substantial compensation" and to fix the cars, or to buy them back. With the German automaker facing a court deadline for solutions to the emissions scandal, San Francisco district court judge Charles Breyer said the agreement in principle would give owne ... more

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