Volkswagen Posts $3.84B Loss In Wake Of Emissions Scandal
Volkswagen's third-quarter earnings report reveals the automaker's first operating loss in 15 years.By Ben Lawson | October 28, 2015
Volkswagen has posted its first operating loss in 15 years in the wake of its emissions scandal.
In its third-quarter earnings report, the German automaker revealed a loss of $3.84 billion.
Volkswagen recently admitted to installing devices that cheat emissions tests on 11 million diesel vehicles worldwide.