FRANKFURT Volkswagen (VOWG_p.DE) isn't considering the sale
of any of its manufacturers or a capital increase to address the fees of the
emissions scandal, its supervisory board Chairman Hans Dieter Poetsch
instructed German each day Boersen-Zeitung.
"The Volkswagen organization is financially solid and
has many options for financing," Poetsch said inside the interview posted
on Friday.
"And this is without extraordinary measures which
includes a capital boom. That is not being taken into consideration at the
moment. We are also now not deliberating promoting parts of our
manufacturers," he introduced.
Volkswagen has set aside 17.eight billion euros ($19.eight
billion) to pay for expenses associated with the worldwide emissions cheating
scandal. The company faces civil litigation and capability fines from
government regulators in the european and other markets.
Poetsch indicated that he did no longer anticipate similarly
provisions to be wished.
"The objects that appear maximum possibly are meditated
in the provisions made to date. From present day point of view, that is
sturdy," he told Boersen-Zeitung.
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