{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='VW expects to take 16.2B euro hit amid recalls' data-url='/boclips/videos/5c54cae8d8eafeecae19fc64' data-video-url='/boclips/videos/5c54cae8d8eafeecae19fc64' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nVW expects to take 16.2B euro hit amid recalls\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eGerman carmaker Volkswagen capped two grim days for the country’s auto industry by revealing its diesel emissions cheating cost it a chunky 16.2 billion Euros (18.2 billion US dollars) for 2015 alone.The revelation last September...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eGerman carmaker Volkswagen capped two grim days for the country’s auto industry by revealing its diesel emissions cheating cost it a chunky 16.2 billion Euros (18.2 billion US dollars) for 2015 alone.The revelation last September from U.S. environmental authorities that the company had been cheating on emissions test rocked one of the world’s most venerable brand names in the auto industry and cost it its chief executive as well as a host of goodwill.Volkswagen also said it will not be able to release results of an internal probe of its emissions scandal this month as expected. The company now says the probe conducted by U.S. law firm Jones Day could be completed by year-end.The company said early release of partial results would interfere with settlement negotiations in the U.S. and could interfere with cooperation with U.S. law enforcement. German carmaker Volkswagen capped two grim days for the country’s auto industry by revealing its diesel emissions cheating cost it a chunky 16.2 billion Euros (18.2 billion US dollars) for 2015 alone.The revelation last September from U.S. environmental authorities that the company had been cheating on emissions test rocked one of the world’s most venerable brand names in the auto industry and cost it its chief executive as well as a host of goodwill.Volkswagen also said it will not be able to release results of an internal probe of its emissions scandal this month as expected. The company now says the probe conducted by U.S. law firm Jones Day could be completed by year-end.The company said early release of partial results would interfere with settlement negotiations in the U.S. and could interfere with cooperation with U.S. law enforcement. Wolfsburg - 22 April 20161. Volkswagen logo2. Volkswagen Chief Executive Matthias Mueller and board members arriving3. SOUNDBITE (German) Matthias Mueller, Volkswagen CEO:“I already explained that the 16.2 billion Euros (18.2 billion US dollars) include everything that we know today and I really ask for your understanding for the fact that I cannot comment on the ongoing negotiations with the U.S. authorities.”4. Cutaway of cameras5. SOUNDBITE (German) Stefan Weil, Volkswagen board member:“The bad year of 2015 will have its repercussions also for the next years for the board remuneration. This will inevitably be the result of this mid-term four year period. So at this point it has to be taken into consideration that it will not be done and dusted after one year. It will lead to a reduction that is inherent in the system in terms of remuneration.”6. Cutaway of cameras7. SOUNDBITE (German) Wolfgang Porsche, Volkswagen board member“Let me be absolutely clear everyone involved is committed to clearing up the Diesel matter fully and relentlessly. We continue to work towards this goal and based on the current assessment we expect the investigation to conclude in the fourth quarter of 2016.” 8. Journalist typing 9. SOUNDBITE (German) Matthias Mueller, Volkswagen CEO:“At the moment there is no justified assumption that the 2015 result has an effect on employment in our company. As you are aware securing jobs is a very important target for us which we will maintain.”10. Volkswagen factory gate11. Cars leaving Volkswagen plant12. Volkswagen logo on car13. 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