Time is running out. Volkswagen has until the end of this month to develop a plan to address the situation regarding 80,000 vehicles in the United States equipped with 3.0-liter turbodiesel V6 engines, as determined by the federal judge presiding over the case.
During a court session, U.S. District Judge Charles Breyer reported that VW has made “substantial progress” in resolving the issues related to its V6 diesel cars and SUVs, according to The Wall Street Journal. The judge has scheduled a hearing for November 30th, expecting that Volkswagen will present “what I hope will be very good news” at that time.
Unlike the $10 billion settlement recently approved for the owners and lessees of nearly 500,000 2.0-liter diesel models, Volkswagen is facing challenges in devising a viable solution for the 3.0-liter diesel vehicles. Currently, these V6 engines, found in models such as the Porsche Cayenne, VW Touareg, and Audi Q7, A6, A7, and A8, do not comply with federal regulations, and the company has remained relatively silent regarding potential remedies.
Earlier this year, Audi’s global head of sales and marketing hinted at the possibility of reaching an agreement between VW and U.S. authorities by October; however, that timeframe has passed. Nevertheless, Breyer’s comments suggest that progress is indeed being made.
Drawing from the agreement made with the 2.0-liter owners, it is likely that the resolution for the 3.0-liter vehicles will provide options for both buybacks and repairs. Confirmation of this information should come by the end of the month.
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