The reason for this is the diesel engine scandal. According to the Bloomberg news agency, Volkswagen needs 20 billion euros to create a "financial safety cushion."
Today, November 16, the management of the German concern will discuss the issue of obtaining a loan with various banks. The meeting will take place at Volkswagen's headquarters in Wolfsburg.
Recall that as of today, due to the diesel engine scandal, Volkswagen is recalling 11 million cars. The Germans will have to pay impressive fines. Only in the USA the company must pay $18 billion. But almost every week more and more countries "present" Volkswagen with their bills for compensation for manipulations with emission standards in diesel cars.
