Volkswagen shows suprising resilience


The tough gets going: A Volkswagen AG Jetta compact vehicle sits on display for sale at the Bachman Volkswagen dealership in Louisville, Kentucky, US. The carmaker’s stock price has climbed 40 since its low in October, consumers still buy VW cars, finances are intact, and the company is investing in the future even as it absorbs nearly 18 billion euros in fines and clean-up costs. – Bloomberg

Year on the edge and how the carmaker is clawing back

A year ago, Volkswagen AG plunged into the worst crisis in its history after revelations it flouted environmental regulations by rigging millions of diesel cars to cheat on emissions tests.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Volkswagen AG , automotive

   

Next In Business News

UOB Malaysia launches Masterclass to help businesses for EU's Carbon Border Policy
Oil climbs after Israel strikes Gaza, truce talks continue
Overcapacity talk won't affect MNCs' commitment
Nintendo expects to sell 13.5 mln Switch units this year
M&A Securities and Newparadigm back Siab’s acquisition of Taghill with rights issue
Saudi Aramco maintains dividend despite lower net income in Q1
Pekat unit in negotiations over purchase of stake in electrical power solutions firm
Asia shares rise on rate cut bets; Aussie slips on RBA
UBS reports first profit since taking over Credit Suisse
Amazon to spend nearly US$9bil to expand cloud infra in Singapore

Others Also Read