Volkswagen more than doubles provisions for emissions cheating to 16-17b euros: Source

Volkswagen is increasing its provisions to pay for an emissions cheating scandal.
Volkswagen is increasing its provisions to pay for an emissions cheating scandal. PHOTO: EPA

BERLIN (REUTERS) - Volkswagen is hiking its provisions to pay for an emissions cheating scandal to between 16 billion and 17 billion euros (S$24.4-25.9 billion) from currently 6.7 billion euros, a person familiar with the matter told Reuters on Friday (April 22).

Volkswagen declined to comment on the matter.