fell to 4.2 billion euros from 4.4 billion euros

FRANKFURT, Germany | Profit slips at Volkswagen after accounting change

FRANKFURT, Germany — Profits have slipped at automaker Volkswagen in the first quarter due to a change in accounting rules, but sales increased and the company recorded no significant additional losses from its diesel emissions scandal. Net profit fell 2 percent to 3.3 billion euros on sales that rose 4 percent to 58.2 billion euros. … Continue reading FRANKFURT, Germany | Profit slips at Volkswagen after accounting change