VW's dieselgate provisions unlikely to top 20 bln eur -source

Newswire

FRANKFURT, Jan 11 (Reuters) - Volkswagen's potential $4.3 billion settlement with U.S. authorities will hike costs for dieselgate, but the latest bill will likely remain below 20 billion euros, a source familiar with the matter said on Wednesday. VW on Tuesday said it was in talks with U.S. authorities about finalising a $4.3 billion settlement, saying a deal would exceed current provisions. "We are counting on a sum of 16 billion plus X. The X is likely to be ...

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