In September 2015 the story broke about how VW was busted for and admitted to cheating on the emissions testing for certain models of its diesel vehicles... Apparently, the "fix" phase of the many lawsuits is coming out TODAY.
Here is a link to some of the details so far.

"On July 26, Judge Charles Breyer will hold a hearing in San Francisco to discuss the proposed settlement, which concerns 2.0-liter diesels—VW hasn’t yet figured out what to do with the 3.0-liter cars that also cheated. If Breyer grants preliminary approval, VW will mail out explainers to current owners and lessees laying out their rights to comment, object, or opt out of the program. Then Breyer will hold a second hearing, likely this fall, to consider any comments about the fairness and adequacy of VW’s proposal, and give his final approval.

If Breyer gives the green light, you can start cashing in. First off, make sure your car’s covered by punching your vehicle identification number into VW’s Holy Moses We Messed Up microsite. This deal covers these 2.0-liter models:

VW Beetle (2013 – 2015)
VW Golf (2010 – 2015)
VW Jetta (2009 – 2015)
VW Passat (2012 – 2015)
Audi A3 (2010 – 2013; 2015)
If you’re leasing, VW will terminate the deal without a fee (doy). If you’re an owner, the automaker will buy back your car at its pre-scandal value, based on options and mileage. Either way, you get a cash payment as an apology for the whole scamming-you-and-destroying-the-atmosphere thing.

For owners, that’ll be somewhere between $5,100 and $10,000 (to be exact, $2,986.73 plus 20 percent of your car’s value). VW will pay lessees half what it would pay the owner of an identical car. If you sold your dastardly diesel or bought one off someone else, the two of you will split the cash payment down the middle.

After July 26, you can use the microsite to check exactly how much you’ll be paid. You don’t have to sell the car back right away, but you do have to identify yourself as the car’s owner by September 16, 2016."