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German automaker Volkswagen A.G. has said that 11 million of its vehicles worldwide could be affected by a scandal over cheating U.S. vehicle emission tests as investigations of its diesel models multiplied, reported Reuters.
Volkswagen said that it will reserve €6.5 billion ($7.27 billion) to help cover the costs of the scandal.
The automaker said that this amount is likely to increase.
The United States Environmental Protection Agency said that it could impose a fine of up to $18 billion on Volkswagen for cheating emissions tests.