You are here

More big carmakers caught in headlights of VW scandal

VW may set aside over 16b euros to cover possible fines, legal and recall costs

DASHED HOPES: VW has abandoned its ambitions of becoming the world's biggest carmaker.


MAJOR names in the car industry found themselves caught in the headlights of a global engine-rigging scandal on Friday as the Volkswagen supervisory board totted up the costs for the embattled German car giant.

As VW's supervisory board met to approve the carmaker's 2015