Volkswagen will expand its reserve fund for the Dieselgate

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The Volkswagen Group does not win for trouble. The scandal of the emissions of their diesel engines in the united States has been a total paradigm shift in terms of the management of the group, its brands and its planning of product here several years ahead. The Dieselgate, as it is known throughout the industry and the population, has been that the German consortium had to to create an economic fund which address ” the potential (safe) economic sanctions, which will fall from the united States.

however it seems that this fund booking is not large enough as to cover the hole that they can open at their feet. As have informed the direction of the German consortium, the management team has decided to expanding the endowment this fund at no less than 1,000 million dollars (about 950 million euros to the change). The reason they have given is that the costs of the different processes that have opened in the country could be increased to the delay in reaching a solution, or the discrepancy that may exist at the time of applying it.

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To this point in the game we all know that the Group Volkswagen is going to have to to buy back a large number of their cars to avoid fines in the billions. In addition, you will have to to pay compensation to the concessionaires americans who have been affected by this scandal. This situation has already caused your results to be disrupted in the year so far, and very possibly when presenting the final results have more settings.

so soon it seems that much remains to so that the case is completely resolved, and pass to the oblivion of the collective. While both will be very pending of the movements carried out by the conglomerate teutonic to solve this ballot of the more satisfactory way for all parties involved.

gives Me that will be with more money, time to time!!!!

Source – EFE

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