Volkswagen profits soar as diesel scandal costs fade

Volkswagen profits soar as diesel scandal costs fade

5 years ago
Anonymous $yysEBM5EYi

https://phys.org/news/2018-10-volkswagen-profits-soar-diesel-scandal.html

In the third quarter of 2017, the bottom line was slashed to 1.07 billion euros by one-off costs of 2.6 billion euros, as a US recall of cars with diesel engines configured to cheat regulatory emissions tests proved more complicated than expected.

Volkswagen remains mired in legal woes over the "dieselgate" scandal first revealed in 2015, with open investigations against former executives, and investors and car owners beating a path to court to claim damages.

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