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VW evaluating emissions scandal's hit to finances

2015-10-05 10:19:13| Automakers - Topix.net

Finance officials at embattled car maker Volkswagen AG are evaluating the impact of an emissions-cheating scandal on the company's finances and assessing potential options should the crisis take a bigger toll currently anticipated on its EUR25 billion net cash position, people familiar with the matter said. Volkswagen faces hefty costs, fines and damage claims after U.S. environmental authorities said on Sept.

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