VW Seeks Final Emissions Deal Approval Without Fix in Hand
- Negotiations with regulators on repairs said to be fluid
- Owners of 482,000 cars currently have no option but to sell
VW Faces Massive Fine From U.S. for Emisssions Scandal
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Volkswagen AG is asking for a final sign-off on its $14.7 billion settlement with drivers as it continues to seek regulators’ approval of a fix for 482,000 pollution-spewing vehicles still on U.S. roads.
Without an approved repair, VW may be left with only one option: buy back the cars with so-called defeat devices from the owners. And the German automaker might have to do the same for a smaller group of vehicles with larger 3.0-liter diesel engines equipped with the emissions-cheating software.