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

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

PHOTO: EPA

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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.
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