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VW set to borrow $21bn to pay for dieselgate

Slash Gear - 5 Dec 2015 05:45
VW set to borrow $21bn to pay for dieselgate VW is set to take out a massive loan to cover costs associated with the diesel emission scandal that the automaker is currently embroiled in. reports indicate that the loan will be in the form of a credit line for a whopping $21 million. To secure that loan, VW has to be ready to sell off some major assets. Those …
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