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Volkswagen Delays Earnings Amid Uncertainty on Scandal's Cost
2016-02-06 11:43:33| Automakers - Topix.net
Volkswagen AG took the unusual step of delaying the publication of its annual results and pushed back its shareholders' meeting, showing the extent of the financial turmoil caused by the emissions scandal that has dogged the company since September. The company didn't say when it will publish earnings for 2015, which were originally scheduled for March 10. The company reiterated Friday that it expects an operating result on the level of the previous year, within the range of its earlier forecasts.
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Category:Automotive