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U.S., California approve fix for 38,000 VW 3.0-liter diesels

Includes the Porsche Cayenne, VW Touareg and Audi Q7

WASHINGTON - U.S. and California regulators have approved a fix for about 38,000 Volkswagen 3.0-liter diesel-powered SUVs with potential excess emissions, a decision that could save the automaker more than $1 billion, according to a letter made public on Monday. The approval means the German automaker will not need to buy back luxury 2013-2016 model-year diesel Porsche Cayenne, Volkswagen Touareg and 2013-2015 Audi Q7 sport utility vehicles. Under a settlement approved by U.S. Distric

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