Volkswagen books £725mn provision for car finance mis-selling

Financial Times · 8 hours ago
  • Volkswagen established a £725mn provision tied to the car finance mis-selling scandal.
  • The disclosure puts a concrete number on the mis-selling matter for Volkswagen rather than leaving it as an unquantified contingent liability.

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“Volkswagen sets aside £725mn for car finance mis-selling scandal”— Financial Times

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