Volkswagen Reaches Pact With US Franchise Dealers Hurt by Emissions Scandal – Wall Street Journal

Most of Volkswagen AG’s diesel-powered vehicles on U.S. roads can’t be retrofitted to fully comply with air-pollution regulations, though its larger vehicles likely can, an attorney for the company said on Thursday.

Robert Giuffra also told a U.S. court that Volkswagen is close to offering regulators a fix for the larger vehicles, which he said have better emissions controls than the about 475,000 2-liter vehicles covered by a $15…