AutoComplete: VW to offer cash payouts for 3.0-liter diesel owners
Here's what's making news on Roadshow.
There's a light at the end of a very long Dieselgate tunnel.
Volkswagen agreed to a class action settlement for owners of its 3 liter diesel vehicles.
It'll offer to buy back or fix around 20 8,000 older vehicles, and fix another 60,000 newer cars, provided the fixes are approved.
VW will also offer each owner a one-time cash payout of between $7,000 and $16,000, depending on the vehicle and the remedy chosen.
The two latest electric vehicles tested by the Insurance Institute for Highway Safety fell short of earning its top accolade.
Both the BMW I3 and Tesla model S failed to achieve the top safety pick plus designation because they didn't achieve top marks in every category.
The Tesla model S needs to improve its headlights and small offset crash results while the BMW needs to improve its head rest.
Speaking of BMW, the automaker has yet another piece of forbidden fruit on its hands.
The 5 Series Touring takes every thing that's great about the tech laden 5 series sedan and turns it into an open station wagon.
Available at either Or all-wheel drive.
It will launch in Europe with two diesel engines and gas options.
It'll receive an official unveiling at the Geneva Motor Show, where legions of American journalists will bemoan the market's preference for crossovers instead of wagons.
I'm [UNKNOWN] over on the theroadshow.com, and we'll talk to you tomorrow.