Volkswagen to set aside billions more to cover emissions scandal costs
Posted On: Apr. 21, 2016 12:00 AM CSTSources have said that Volkswagen A.G. will set aside more money to cover the cost of the emissions scandal from the currently reserved €6.7 billion ($7.61 billion), reports Reuters.
The sources said that the automaker would make provisions for a double-digit billion-euro amount in its 2015 results on April 28. An analyst at U.S.-based research firm Evercore ISI expects the scandal to cost Volkswagen about €30 billion.