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VW has had 12 bln eur dieselgate cash outflows in 2017 -CFO


Thursday, 27 Jul 2017 11:45am EDT 

July 27 (Reuters) - VW :Expects stronger Audi car sales in H2, citing orders -sales chief.Has had 15 billion euros dieselgate cash outflows to date, 12 billion of which in 2017 -CFO.Expects further dieselgate cash outflows in H2 but at significantly lower level -CFO.CFO declines comment on speculation about asset sales.Says trucks IPO no priority at the moment, focus is on boosting synergies among truck brands -CFO.Brand shows early signs of restructuring paying off but still long way to go -CFO.CFO says confident to stay below 20 billion euros on 2017 dieselgate cash outflows.CFO declines comment on Porsche Cayenne illicit software findings. 

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