Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress
By mmillikinFeb 27, 2017, 4:55 am287 pts
The Volkswagen Group made progress in 2016 in overcoming its self-inflicted diesel crisis. Sales revenue in fiscal year 2016 rose by €4.0 billion (US$4.22 billion) to €217.3 billion (US$229.4 billion). At €7.1 billion (US$7.5 billion), the Group’s operating result, which dropped into the red in the…

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