The VW scandal is also hurting other industries. Raw material and precious metal suppliers for instance, in particular those dealing with platinum are feeling the pinch. Platinum is used for diesel catalytic converters, and demand has declined.
A 1,500-euro ($1,750) fix could save thousands of lives - but carmakers are unwilling to pay. Should the auto industry pick up the bill for its own mess?
The emissions scandal has sent the German auto group skidding into the red. The carmaker has released its first quarterly results since the cheating was revealed, but despite heavy losses, analysts remained upbeat.
VW's CEO has promised to "learn from past mistakes" as the scandal-hit German carmaker seeks to recover from the devastating effect of its pollution scandal. Janelle Dumalaon reports from the Geneva Motor Show.
Carmakers from around the globe are presenting new models in Detroit. Volkswagen's new CEO will face competitors and a skeptical US public at a major auto show for the first time since the Dieselgate scandal broke.
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