He added that Continental had not given up on the development of electric car batteries despite a joint venture with South Korea's SK Innovation ending last year. US authorities are suing VW for $90bn over alleged violations of the Clean Air Act; US prosecutors are also investigating the carmaker for criminal fraud. VW says it has so far set aside $7.2bn to deal with the projected cost of resolving the problems with controlling emissions of nitrogen oxides; the company has yet to resolve differences over how to handle vehicles currently on the road fitted with the devices. The scandal is expected to continue into next year, as Volkswagen faces a raft of lawsuits from owners and dealers who say they have been cheated out of money by its diesel cars.
US authorities are suing VW for $90bn over alleged violations of the Clean Air Act; US prosecutors are also investigating the carmaker for criminal fraud. VW says it has so far set aside $7.2bn to deal with the projected cost of resolving the problems with controlling emissions of nitrogen oxides; the company has yet to resolve differences over how to handle vehicles currently on the road fitted with the devices. The scandal is expected to continue into next year, as Volkswagen faces a raft of lawsuits from owners and dealers who say they have been cheated out of money by its diesel cars.