VW Doubles Provisions for Cheating Scandal to $18.2 Billion

  • Findings of internal inquiry delayed until fourth quarter
  • VW CEO expects to weather the crisis without cutting jobs

VW Slashes Dividend as Diesel Emissions Provisions Double

Volkswagen AG more than doubled provisions to pay for the emissions-cheating scandal, leading to the biggest loss in the German automaker’s history while giving it a path toward assessing the full financial impact of the crisis.

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