Tag: moscow

  • VW’s Audi will miss 2016 profitability goal

    Volkswagen's luxury division Audi will miss its benchmark for profitability this year as costs for the diesel emissions scandal and possible recalls of cars fitted with Takata Corp airbags are weighing on results. First-half operating profit at Audi plunged 18 percent to 2.4 billion euros ($2.66 billion), including 265 million euros of special items which…