Thomson Reuters FRANKFURT - Volkswagen's flagship Audi division reined in its spending plans for 2016 and delayed the construction of a new wind tunnel on Monday, after the German carmaking group was hit by a scandal over rigged emissions tests. Audi, which made a higher operating profit than the VW group in the first nine months of 2015, said it would invest more than 3 billion euros ($3.3 billion) on plants and equipment in 2016. A company source said the plan foresaw spending of 3.3 billion e...
VW emissions-cheating scandal will force Audi to invest less money in 2016
Business Insider - 28 Dec 2015 16:03
Thomson Reuters FRANKFURT - Volkswagen's flagship Audi division reined in its spending plans for 2016 and delayed the construction of a new wind tunnel on Monday, after the German carmaking group was hit by a scandal over rigged emissions tests. Audi, which made a higher operating profit than the VW group in the first nine months of 2015, said it would invest more than 3 billion euros ($3.3 billion) on plants and equipment in 2016. A company source said the plan foresaw spending of 3.3 billion e...
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