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Volkswagen group to present half-yearly figures on Wednesday, August 1 before launch of the stock market
However, many things are likely to turn in the second half, when CEO Herbert Diess, who has been in the position for three and a half months, is the point (press conference from 10.00 am). The Group is struggling particularly with the VW brand pbadenger cars with delays in the new WLTP emission test standard. In several factories, after the factory holidays, the tapes are down for days, hundreds of thousands of cars can not be built as planned.
VW and its subsidiaries are widely present in everyday life. Quarter with a significant increase in the result of operational activities. But the diesel scandal around manipulated exhaust tests continues to hit the office: Attorney Braunschweig has charged the world 's largest automaker a fine of one billion euros. This reduces the net profit.
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