Audi expects no more dieselgate emissions provisions in 2018: CFO

Audi expects no further provisions for its "dieselgate" emissions scandal this year after setting aside a total of 2 billion euros ($2.47 billion) in 2016 and 2017, its finance chief said. Volkswagen's main profit engine developed the bigger 3.0 liter V6 diesel engines used in about 80,000 VW, Audi and Porsche models that in 2015 were found to have been equipped with illicit software and to exceed U.S. emissions limits. Audi has to date paid out more than half the provisions and expects to transfer an outstanding 900 million euros by the first quarter of 2019, CFO Alexander Seitz said on Thursday at an earnings press conference.