It took a long time, but this month VW and the U.S. Environmental Protection Agency reached an agreement to compensate owners of VW 2.0 diesels or to repair or buy back their affected cars. So, what does the new agreement mean for you if you collect and recycle catalytic converters for a profit? Although full details of the agreement have not yet been announced, here are some issues to keep in mind if you are hoping that the agreement could yield a windfall in available converters.

There has been so much hoopla about VW’s diesel crisis that it’s easy to overlook the chance that even more carmakers could be affected. We don’t have a crystal ball and we’re not saying that more car manufacturers have engaged in emissions deception. But let’s review who else is selling diesel-powered cars and light trucks in America right now...