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takyon [soylentnews.org] writes:

Volkswagen has reached a deal that could allow it to spend billions in order to buy back diesel vehicles [bbc.com] sold with "defeat devices":

Volkswagen and US officials have reached a deal under which the car maker could offer to buy back up to 500,000 diesel cars in the US, according to reports. The German car giant has also agreed a compensation fund for owners. VW is expected to reveal the deal to a Federal judge in San Francisco on Thursday. A VW spokeswoman, the Environmental Protection Agency and the Justice Department declined to comment.

Volkswagen could also offer to repair diesel vehicles if US regulators approve a fix at a future date, reports said. US District Judge Charles Breyer in March gave VW until Thursday "to announce a concrete proposal for getting the polluting vehicles off the road."

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