ALSO READEx-VW engineer sentenced to 40-month prison term in 'dieselgate' scandal After dieselgate, VW's low-cost deal with Tata Motors for India under radar VW's dieselgate bill hits $30 billion after another charge VW manager told CEO about botched emissions tests in July 2015: Media Volkswagen executive pleads guilty in emissions case
Volkswagen expects cash outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the carmaker's Chief Financial Officer Frank Witter told journalists on Monday.
"I am not at all relaxed with regard to the diesel issue," Witter said. The figure is below the up to 17 billion euros in outflows expected this year.
Dieselgate has so far cost the company more than 25 billion euros and contributed to a strategy shift in the sector towards electric vehicles, with most manufacturers having announced far-reaching investment packages.