Volkswagen, dealers reach tentative deal in cheating scandal
SAN FRANCISCO (AP) — Volkswagen has reached a tentative deal with its U.S. dealers to compensate them for losses they said they suffered as a result of the company's emissions cheating scandal, attorneys for the carmaker and dealers told a federal judge Thursday.
The value of the settlement with the roughly 650 dealers was not disclosed, although Volkswagen said in a statement later that it would include cash payments.
Volkswagen attorney Robert Giuffra said the company was prepared to submit a fix for some of those vehicles by early November that would bring them into compliance with clean energy laws.