Judge Extends VW Diesel Settlement Deadline
Photo of 2015 Golf TDI engine courtesy of VW.
A federal judge has extended the deadline for Volkswagen AG and environmental regulators to finalize a diesel emissions settlement until June 28.
Volkswagen reached a tentative settlement with the U.S. Environmental Protection Agency in April on a deal that includes an agreement that the automaker will buy back about 500,000 2.0L vehicles that were found in violation of clean-air laws.
On the evening of June 15, U.S. District Judge Charles Breyer gave the one-week extension for the two sides to finalize the complex agreement, reports Reuters.