VW: 11 Million Diesels Had Cheating Software, $7.3 Billion Set Aside; Criminal Probe Reported

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Volkswagen AG said today it would adjust its third-quarter earnings to set aside $7.3 billion (€6.5 billion) for costs related to its admission that it used software to cheat on U.S. emissions tests of its diesel engines. That sum will "cover the necessary service measures and other efforts to win back the trust of our customers," it...