VW Earmarks $16.8B to Cover Diesel Scandal Costs

VW Earmarks $16.8B to Cover Diesel Scandal CostsVolkswagen posted a €4.1 billion ($4.8 billion) operating loss in 2015 thanks to the €16.2 billion ($18.2 billion) the brand set aside to help deal with the diesel emissions scandal.  In 2014, VW had an operating profit of €12.7 billion, a number it actually managed to exceed in 2015, posting a €12.8 billion operating profit before adding in the… more