US District Judge Charles Breyer in San Francisco announced the settlement for the 3-liter diesel cars today.
He said it will include the option of a buyback for at least 20,000 vehicles and will give all the car owners substantial compensation on top of any repairs or a buyback.
Breyer didn't disclose any numbers and said the parties still have more work to do. It comes after a series of delays this week to give the sides more time to negotiate.
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