VW operating profit drops as anti-pollution rules bite
Reuters
Volkswagen reported an 18.6 percent drop in third-quarter adjusted operating profit to 3.51 billion euros due to weaker vehicle sales tied to the introduction of more stringent anti-pollution rules, report Edward Taylor and Jan Schwartz for Reuters. Volkswagen has struggled to adapt its fleet to the worldwide harmonized light vehicle test procedure, known as WLTP, which took effect last month.
Read the article in English here.
Find background in the factsheet Dieselgate forces VW to embrace green mobility and the dossier The Energiewende and German carmakers.
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