• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

The Volkswagen Diesel Scandal Isn’t Over Yet

By
Reuters
Reuters
By
Reuters
Reuters
November 29, 2016, 5:08 PM ET
The UK Are To Re-run Emissions Tests On Volkswagen Cars After German Scandal
Photograph by Rob Stothard — Getty Images

U.S. District Judge Charles Breyer on Tuesday delayed a court hearing set for Wednesday on Volkswagen AG’s plan to address 80,000 polluting Audi, Porsche and VW 3.0-liter vehicles.

In a court filing on Tuesday, Breyer said negotiations are continuing between the German automaker, regulators, and lawyers representing owners and set a Dec. 16 hearing, saying he had been advised that a delay “may produce a resolution of the outstanding issues.”

Earlier this month, Reuters reported that Volkswagen had reached an agreement with U.S. regulators for a mix of buybacks and fixes for the 80,000 polluting vehicles. The agreement was said to include a buyback offer for about 20,000 older Audi and VW SUVs and a software fix for 60,000 newer Porsche, Audi, and VW cars and SUVs, sources told Reuters.

Talks are ongoing between lawyers for the owners and Volkswagen over compensation for the owners ahead of the now-delayed Wednesday court hearing.

Volkswagen (VLKAY) has already agreed to spend up to $16.5 billion to resolve U.S. diesel emissions cheating allegations. VW previously agreed to spend up to $10.3 billion to buy back as many as 475,000 polluting 2.0 diesel vehicles. Court documents show that at least 60 percent of those owners have already signaled they plan to sell the vehicles back.
About the Author
By Reuters
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.