Volkswagen emission cheating costs rise to more than €16bn

Volkswagen has announced it will be putting aside €16.2 billion to help pay for its emissions scandal, more than double the €6.7 billion it told shareholders it would be allocating last year.

The announcement came as the German Transport Minister Alexander Dobrindt said that car makers, including Porsche, Mercedes Benz and Opel would recall around 630,000 cars to fix the emissions management software.

INC News, 23/04/2016 - source: ©Euronews