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Volkswagen is making progress in its negotiations with the federal government to work out the details of a settlement that would compensate owners of nearly 600,000 diesel-powered vehicles that included emissions cheat software.
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Volkswagen has agreed to give buyers of nearly 600,000 vehicles with emissions cheating software the option of selling the cars back or getting them fixed, a judge announced April 21.
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A federal district judge has extended a deadline for Volkswagen to submit a plan to recall 600,000 diesel-powered vehicles with emissions cheat software.
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U.S. Senator James Inhofe (R-Okla.) wants the U.S. Environmental Protection Agency (EPA) to consider natural gas vehicles in addition to electric vehicles while negotiating a solution to Volkswagen's emissions scandal.
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Volkswagen is reportedly in negotiations to establish two funds to provide payments to regulars following the diesel emissions scandal. The funds would go toward promoting clean transportation.
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The U.S. Department of Justice (DOJ) sent Volkswagen a subpoena under the Financial Institutions Reform, Recovery and Enforcement Act of 1989.
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Volkswagen must provide an update on March 24 about how it will bring its roughly 600,000 diesel cars into compliance with clean air laws, according to a ruling by U.S. District Court Judge Charles R. Breyer.
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The U.S. Environmental Protection Agency (EPA) has asked Volkswagen to produce electric vehicles in the U.S. to make up for the diesel emissions scandal.
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Volkswagen is planning to offer generous compensation packages to about 600,000 U.S. owners of its clean diesel vehicles that are over the legal limit for tailpipe emissions, a company representative told a German newspaper.
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Volkswagen's top committee will meet on Feb. 3 to discuss the next steps the company should take as it deals with the ongoing aftermath of the diesel emissions scandal.
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