VW gets preliminary approval for $14.7 bn settlement over scandal

PanARMENIAN.Net - The big $14.7-billion settlement VW reached with U.S. regulators over the company's diesel cheat devices and lies has taken a step towards completion. The company announced on Tuesday, July 26 that the United States District Court overseeing the case has given his preliminary approval, AutoBlog reports.

That means that VW and Audi will now start sending out official notices to owners of affected vehicles spelling out what happens next.

The Plaintiffs' Committee for Volkswagen "Clean Diesel" Litigation said it was pleased with the approval, as you can read below. The next official step will happen at the final approval hearing on October 18, 2016.

As a reminder, the affected vehicles involved with this settlement include the following with the 2.0-liter diesel engine: 2013-2015 VW Beetle, 2010-2015 VW Golf, 2009-2015 VW Jetta, 2012-2015 VW Passat, 2010-2013 and 2015 Audi A3.

There's still no fix approved to keep affected vehicles on the road and no agreement on what should happen to affected 3.0-liter vehicles.