Friday, April 22, 2016

Volkswagen Fills its Scandal Jar With $18.2 Billion Warns of Financial Pain Ahead

The heavy financial cost of Volkswagen's diesel emissions scandal is becoming clear. After reaching a settlement yesterday with U.S. consumers and regulators, the automaker is more than doubling the size of its "make the problem go away" cash pile, Bloomberg is reporting. Volkswagen set aside 16.2 billion euros ($18.6 billion) today to deal with the scandal's […]

The post Volkswagen Fills its Scandal Jar With $18.2 Billion, Warns of Financial Pain Ahead appeared first on The Truth About Cars.



from The Truth About Cars http://ift.tt/Jh8LjA

IFTTT

Put the internet to work for you.

Turn off or edit this Recipe

No comments:

Post a Comment

Archive