Volkswagen to take 16.2bn hit from emissions scandal

German car maker Volkswagen is to take a €16.2bn hit in its 2015 accounts related to the diesel-emissions scandal last year.

Volkswagen to take 16.2bn hit from emissions scandal
Fri, 22 Apr, 2016 - 17:46

German car maker Volkswagen is to take a €16.2bn hit in its 2015 accounts related to the diesel-emissions scandal last year.

As a result, the company said it will post a loss of €1.36bn for the year.

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