Volkswagen first-half profits better than expected
€2.2 billion set aside to cover legal costs after emissions scandal
Car maker Volkswagen has said that its first-half profits were better than analysts had expected.
In a trading update, the German company said operating profits before exceptional items were €7.5 billion. This figure, however, was partially offset by €2.2 billion in extra costs, mainly linked to legal risks in North America.Volkswagen has had to set aside billions of euro to deal with the fall-out from its admission last year that it rigged vehicles ...
