(Reuters) - U.S. District Judge Charles Breyer said on Thursday that Volkswagen AG (DE:VOWG_p) has made substantial progress in talks with the U.S. Justice Department and other government agencies toward resolving the fate of about 80,000 polluting diesel 3.0 liter vehicles.
At a San Francisco court hearing, Breyer set a Dec. 1 deadline for a report on the status of the talks. VW previously agreed to spend up to $16.5 billion, including as much as $10.3 billion to buyback up to 475,000 polluting 2.0 diesel vehicles.