Tax revenue from Volkswagen is the number one source of income for the town of Emden in northern Germany. Each year, over a million cars are shipped across the world from its port. But now it looks like the good times could be over.
German automaker Volkswagen posted a doubled net profit in 2017, selling more cars than ever before. Its bottom line held up despite an emissions scandal, but fallout from a recent testing scandal lies ahead.
Here it is again, the VW diesel crisis. Even if the German auto giant appears reformed and wants to look ahead, the legal processing in its Dieselgate scandal is only at a starting stage, says DW’s Henrik Böhme.
Despite the Dieselgate emissions scandal, the German carmaker says it sold a record number of vehicles last year. But VW's growth in Western Europe was more sluggish than in the rest of the world.
The US unit of Volkswagen has called for the Dieselgate trials to be delayed, after a plaintiffs' lawyer linked the firm with the Holocaust. The lawyer, Michael Melkersen, made the comments in a Netflix documentary.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version