Regulation & Safety

VW says diesel scandal cleanup to cost $2.3 billion in 2019, report says

Frank Witter
VW CFO Frank Witter: VW is sticking to plans for listing its trucks business in 2019 and continues to see growth potential in China.
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By:
EDWARD TAYLOR
R
By:
Reuters
|
December 22, 2018 01:53 PM

FRANKFURT -- Volkswagen Group's cleanup of a diesel cheating scandal will cost it 5.5 billion euros ($6.25 bln) in 2018 and around 2 billion euros in 2019, Chief Financial Officer Frank Witter told German weekly Boersen-Zeitung.

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