For the first time in at least 15 years, Volkswagen has posted a loss - largely attributable to the ongoing diesel emissions scandal the firm is embroiled in.
The German car manufacturer has set aside €6.7bn to deal with the fallout from the scandal that has affected around 11m vehicles worldwide. This means that the company’s third quarter results are €2.52bn in losses before tax. The company has said that it is expecting full years profits to be “down significantly” despite sales actually increasing…
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