Volkswagen Diesel Fix Extended to April 21

Posted by: Xavier Kwan onMarch 28th, 2016

VW-CO2

Volkswagen was initially required to deliver and agree to a plan by March 24 on how it would handle fixing all vehicles which were directly impacted by their diesel emission scandal. Now, that deadline has been extended to April 21. During a hearing on Thursday, Volkswagen said that negotiations are moving along with regulators but an agreement has not yet been reached.

During negotiations, talks about a possible buyback or repairing around 580,000 U.S. vehicles was made. The biggest question is whether Volkswagen can come up with a fix that fully brings all affected vehicles back into compliance. If the fix plan does not reach that goal, it is up to the EPA to determine if they will accept those terms.



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