The operating profit margin on sales rose to 9.1 per cent from 7.7 per cent. In September 2015 U.S. authorities caught Volkswagen using software that turned emission controls on during stand testing, and off during real driving. Volkswagen reported record sales volumes for the first six months of the year of 5.5 million vehicles, an increase of 7.1 per cent. Last year, it contested the title of largest carmaker with the Renault-Nissan-Mitsubishi alliance by logging 10.7 million in unit sales. Renault-Nissan-Mitsubishi had 10.6 million but its top executive said that Volkswagen achieved the edge by counting trucks.

Source: National Post August 01, 2018 08:03 UTC