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Volkswagen Group returns to profitability in 2016
The Volkswagen Group announced 2016 financial results. Sales revenue rose by 1.9% to EUR 217.3 billion. At EUR 7.1 billion, the Group’s operating result, which had slipped into the red in the previous year due to the diesel issue, was back in strongly positive territory. The Group’s earnings after tax was EUR 5.4 bil....
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