The Traderszone Network

Published in TZ Latest News 3 November, 2015 by The TZ Newswire Staff

Porsche says latest VW findings could hurt results again

Porsche Automobil Holding SE (PSHG_p.DE), the family-owned holding company that controls a majority stake in Volkswagen, said the carmaker’s latest findings in the diesel emissions scandal could further affect its results for this year. VW earlier said it had found data “inconsistencies” on carbon dioxide emissions for 800,000 more cars and that it faces about 2 billion euros (£1.42 billion) in economic risks from the new issue.

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