VW's Dieselgate bill hits $30 bn after another charge

Volkswagen is struggling to put the two-year-old "Dieselgate" scandal behind it, and working to transform itself to mass-market electric cars

Volkswagen is taking another $3 billion charge to fix diesel engines in the United States, lifting the total bill for its emissions-test cheating scandal to around $30 billion.

The German group is struggling to put the two-year-old “Dieselgate” scandal behind it, and working to transform itself into a maker of mass-market electric cars.

On Thursday, Munich prosecutors said they had arrested a former Porsche management board member, the first top executive within the group to be detained amid a widening probe into cheating at Volkswagen’s Audi brand.

 

Volkswagen’s growing financial woes and Wolfgang Hatz’s arrest were also discussed on