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VW profit gains as carmaker battles to overcome crisis

May 31, 2016 by · Leave a Comment 

Volkswagen posted a surprise increase in first-quarter operating profit as the carmaker is pushing steps to overcome its diesel emissions scandal. Europe's biggest automaker is counting on a deal with U.S. authorities and car owners next month over its rigging of diesel emissions tests while pushing a strategic overhaul across its 12-brand group. Operating profit rose to 3.4 billion euros ($3.8 billion) from 3.3 billion a year

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VW profit gains as carmaker battles to overcome crisis