Volkswagen Seen Reporting Loss for Latest Quarter – Wall Street Journal
BERLIN—In the wake of Volkswagen AG’s crisis over cheating on emissions testing, analysts have slashed their outlook on earnings and expect the company to report a loss in the third quarter.
Volkswagen presents earnings for the three months to September on Wednesday. The company has taken a €6.5 billion ($7.18 billion) charge against third-quarter earnings to pay for a global recall of up to 11 million vehicles.
That will push…