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VW hikes emissions provisions to 16-17 billion euros: source
An American flag flies next to a Volkswagen car dealership in San Diego, California September 23, 2015.
Reuters/Mike Blake/File Photo
Volkswagen (VOWG_p.DE) is hiking its provisions to pay for an emissions cheating scandal to between 16 billion and 17 billion euros ($18.1-19.2 billion) from currently 6.7 billion euros, a person familiar with the matter told Reuters on Friday.
Volkswagen declined to comment on the matter.
http://www.reuters.com/article/us-volkswagen-emissions-provisions-idUSKCN0XJ0K3?il=0
An American flag flies next to a Volkswagen car dealership in San Diego, California September 23, 2015.
Reuters/Mike Blake/File Photo
Volkswagen (VOWG_p.DE) is hiking its provisions to pay for an emissions cheating scandal to between 16 billion and 17 billion euros ($18.1-19.2 billion) from currently 6.7 billion euros, a person familiar with the matter told Reuters on Friday.
Volkswagen declined to comment on the matter.
http://www.reuters.com/article/us-volkswagen-emissions-provisions-idUSKCN0XJ0K3?il=0
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