April 22, 2016 / 6:52 AM / in a year

VW hikes emissions provisions to 16-17 billion euros: source

A flag of a Volkswagen VW car dealer is seen in Bochum, Germany March 16,2016. REUTERS/Ina Fassbender

BERLIN (Reuters) - Volkswagen (VOWG_p.DE) is hiking its provisions to pay for an emissions cheating scandal to between 16 billion and 17 billion euros ($18.1-19.2 billion) from currently 6.7 billion euros, a person familiar with the matter told Reuters on Friday.

Volkswagen declined to comment on the matter.

Reporting by Andreas Cremer; Additional reporting by Jan Schwartz; Writing by Maria Sheahan; Editing by Andreas Framke and Christoph Steitz

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