Sales and profit rebounded in the second quarter for the core Volkswagen brand, compared with a dismal first quarter. PhotoFRANKFURT — The Volkswagen diesel scandal could prove to be little more than a speed bump as far as car sales for the company are concerned, at least according to figures released on Thursday. Net profit for the company as a whole fell by more than half to €1.2 billion in the second quarter. Advertisement Continue reading the main storyWell before the deception, Volkswagen was making only a slim profit margin on cars with the Volkswagen brand because production costs were high compared with competitors like Toyota. “But it will require continued hard work to absorb the significant impact from the diesel issue.”

Source: International New York Times July 28, 2016 10:32 UTC