German automaker Volkswagen and US environmental regulators have reached an agreement on diesel-powered 3.0 liter cars in the company's emissions scandal, a media report said Tuesday. Under the terms of the agreement, which still requires court approval, Volkswagen would fix 60,000 vehicles with affected 3.0 liter engines and repurchase 19,000 older models for which repairs would be too complex, Bloomberg reported citing anonymous sources close to the negotiations.
The agreement with the US Environmental Protection Agency and California's Air Resources Board does not resolve legal actions brought by owners of 3.0 liter cars or by the Federal Trade Commission, according to Bloomberg.
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