German carmaker Volkswagen continues to struggle with its ongoing diesel emissions scandal. On Tuesday the company reported an almost 20 percent drop in first quarter profits. But analysts also see some positive signs.
Despite ongoing issues emanating from the 2015 Dieselgate scandal, and existential concerns over the future of diesel itself, the Volkswagen Group sold more, made more and paid more in 2017 than ever before.
Japanese auto manufacturer Toyota has said it will soon stop selling diesel vehicles in Europe, reacting to diesel's fall from grace on the Continent. The announcement was made at the Geneva Motor Show.
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.
The Geneva Motor Show is set to open its doors to the public after two days dedicated to sneak previews for journalists. On her way out, DW’s Janelle Dumalaon says she wasn’t always sure where the journey was heading.
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