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VW buybacks to begin under US$14.7b diesel test cheating accord

Judge says deal has achieved the primary goal of getting polluting cars off the road
Thursday, October 27, 2016 - 05:50

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VW owners can keep driving their vehicles for now even if they don't pass state emissions testing. VW agreed in the US deal to devote as much as US$10b to buy back affected models and compensate drivers.

San Francisco

VOLKSWAGEN AG and drivers suing the company in the US over its diesel-cheating scandal have won final approval of their US$14.7 billion settlement to resolve what's likely to be the largest portion of VW's civil liability worldwide.

The accord requires VW to buy back

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