DETROIT — A person briefed on the matter says Volkswagen has reached a billion-dollar agreement with the U.S. government to compensate owners of diesel-powered cars that cheat on emissions tests, according to the Associated Press.

The person told AP it’s an agreement in principle that does not include final details of how much each owner will get. Those figures have yet to be worked out. Some owners would have the option of getting their cars repaired or having Volkswagen buy them back, according to the source.

The agreement is expected to be revealed Thursday morning during a court hearing in San Francisco. The person told AP it will not include plans to fix the cars, which apparently are still under negotiation.

more at Source: Source: VW inks deal to pay Dieselgate owners in U.S. – CBS News