Volkswagen Gets A Preliminary Approval On Their Settlement
This week, U.S. District Court Judge Charles Breyer at a hearing in San Fransisco, CA gave the preliminary approval of the settlement. According to Reuters, this approval allows Volkswagen and Audi to begin sending out notices to affected owners explaining what happens next with their 2.0L TDI vehicle and settlement. What this approval doesn't cover is the buyback offers. Judge Breyer has scheduled a hearing on October 18th to give the final approval.
Update on the 3.0L TDI V6
The hearing also brought news on the 3.0L TDI V6. As we reported earlier this month, the California Air Resources Board rejected Volkswagen's proposal because they " are incomplete, substantially deficient, and fall far short of meeting the legal requirements to return these vehicles to the claimed certified configuration."
At the hearing, a lawyer for the Department of Justice told Judge Breyer that Volkswagen has been meeting with regulators in the recent weeks and is planning to submit a new proposal next month. Breyer has scheduled a hearing on August 25th to get an update on 3.0L TDI V6 talks.