Home GRASP GRASP/China Volkswagen Brand Sales Increase in 2016 Despite Emissions Scandal

Volkswagen Brand Sales Increase in 2016 Despite Emissions Scandal

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NewsHubBERLIN—Volkswagen AG’s emissions-cheating scandal took a hefty dent out of sales of its VW brand in 2016, but strong growth in China and Eastern Europe helped offset declines in other major markets.
Shares of Volkswagen rose strongly Monday after it said VW-brand car sales increased significantly in December and after a senior executive voiced hope that the company would soon resolve a criminal investigation in the U.

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