Tuesday, October 27, 2015

Volkswagen To Post First Quarterly Loss in 15 Years

Volkswagen will post Wednesday its first quarterly loss in 15 years after the automaker was rocked this summer with a scandal that affected 11 million vehicles and cost the company tens of billions of dollars in lost value already. Bloomberg (via Automotive News) reported that 10 analysts estimated that the company would post a $3.6 billion loss […]

The post Volkswagen To Post First Quarterly Loss in 15 Years appeared first on The Truth About Cars.



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