(Bloomberg) — Volkswagen AG reached an agreement with U.S. car owners and regulators to fix or buy back about 80,000 Audi, VW and Porsche vehicles with emissions-cheating 3.0-liter diesel engines.

The accord covering the 2014 Volkswagen Touareg, some 2015 Porsche models and some 2016 Audi models resolves another significant piece of Volkswagen's emissions-cheating scandal. The company admitted last year that about 11 million diesel cars worldwide were outfitted with a so-called defeat device to game U.S. environmental tests.

Details of the agreement, including its cost to the German carmaker, weren't disclosed during a brief hearing Tuesday in San Francisco federal court. Some details of the agreement would be disclosed in court filings later Tuesday, the judge said.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.