Volkswagen sets aside $1.2 billion to fix or buy back 3.0-liter diesels

2013 Porsche Cayenne DieselBack in December, we reported that Volkswagen was putting the final touches on a deal to fix or buy back roughly 80,000 Audi, Porsche, and VW 3.0-liter diesels equipped with defeat devices that allowed them to cheat on U.S. emissions tests. The rumored pricetag was $ 1 billion. Now, the deal has officially been presented to U.S. District Judge…
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