(Bloomberg) -- Volkswagen AG will probably miss a Thursday court deadline to reach a comprehensive agreement with U.S. authorities over its tainted diesel engines, possibly exposing the carmaker to daily fines and other sanctions.

While talks have intensified in recent days, Volkswagen and U.S. officials have yet to reach final terms for fixes and compensation related to the manufacturer’s cheating on diesel pollution tests, according to people familiar with the negotiations, who asked not to be named because the discussions are private. U.S. regulators want assurances that the repairs will last, as well as the option for owners to sell the cars back to Volkswagen. Deliberations are continuing, and a last- minute deal could still be reached.

VW could seek an extension

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