Net profits tumbled in the third quarter at Volkswagen as the world's biggest carmaker booked higher-than-expected charges related to its years-long emissions cheating scandal.
VW reported net profit attributable to shareholders down 53.4 percent year-on-year, at 1.06 billion euros ($1.23 billion), after it booked 2.6 billion euros of additional charges for refitting diesel cars rigged to cheat emissions tests in the United States.
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ECB to halve bond purchases from JanuaryMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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