The crisis of emissions is leaving expensive Volkswagen brand. The gas-fixing scandal that broke last year determined injury to the brand known German manufacturer in the fourth quarter, with customers to lose confidence after this case.
The Volkswagen brand recorded a loss of 127 million euros in the last three months of 2015, compared to profits of € 780 million a year earlier, according to data presented by the company this morning.
German company unit was affected, according to the company, the measures related to the problems caused by handling of emissions, as well as declines in demand in Russia and Brazil.
Regaining confidence in Volkswagen is critical for the company, which is still recovering from the biggest scandal in its history and that has forced the company to book higher provisions to deal with these problems.
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