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Source: VW, gov't ink deal to pay owners of cheating diesels

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FILE – On This Sept. 30, 2015, file Photograph, John Swanton, spokesman with the California Air Resources Board, explains how a 2013 Volkswagen Passat with a diesel engine is evaluated on the emissions check lab in El Monte, Calif. Attorneys for lots of people that personal diesel Volkswagens that cheat on emissions assessments are asking a Judge to order repairs and compensation if the corporate would not comply with a fix through Thursday, April 21, 2016. The request used to be made in a proposed agenda for hearing Thursday sooner than U.S. District Courtroom Decide Charles Breyer in San Francisco. (AP Photograph/Nick Ut, File)

An Individual briefed on the matter says Volkswagen has reached an settlement with the U.S. govt to spend simply over $1 billion to compensate house owners of diesel-powered cars that cheat on emissions exams.

The individual says it can be an settlement in concept that does not embrace ultimate details of how a lot each and every proprietor will get. These figures have but to be labored out. Some homeowners would have the choice of getting their cars repaired or having Volkswagen buy them again.

The agreement probably can be printed Thursday morning during a Court hearing in San Francisco. The particular person says it’ll not embody plans to repair the vehicles, which it sounds as if are still under negotiation.

The particular person did not wish to be identified since the terms of the deal aren’t public.

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