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Volkswagen Group CEO Matthias Mueller said the automaker's diesel emissions scandal will inflict "substantial and painful" financial damage on the company, as board member Stephan Weil warned that he expects more unpleasant news to emerge and German prosecutors said they have widened their investigation.

It will take years to fully gauge the financial implications of the scandal, Mueller told a gathering of workers at VW's headquarters here today. The implications of the scandal will keep VW busy "for a long time," he said.



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Volkswagen  CEO Admits Emissions Cheating Scandal Cost Will Be Devastating

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