German car manufacturer Volkswagen expects it will have to pay about €1.5 billion ($1.6 billion) this year due to non-compliance with EU emission targets, media reports said on Thursday.

Find out if your car has a VW EA189 engine and whether it was affected by the dieselgate emissions scandal. What cars have EA189 engines Was your car affected by dieselgate? Find out what other ...

Volkswagen, one of the world’s largest automakers, is preparing for significant penalties under the new EU rules. The company expects to pay up to $1.6 Billion in fines and additional costs.