Emissions scandal a mere bump in the road, as VW posts sales record
Berlin — Despite the diesel-emissions scandal rocking Volkswagen, the German car maker achieved record group sales in 2016 of 10.3-million vehicles, including a 12% jump in December. That figure should put VW ahead of Japanese rival Toyota as the world’s largest car producer by volume. VW sales are proving resilient despite the diesel emissions scandal, which plunged the group into crisis after it came to light in September 2015. VW faces a settlement with the US Justice Department and Environmental Protection Agency of up to $4bn to resolve civil and criminal investigations, which sources said could be announced as soon as Wednesday. On Monday, the company suffered a fresh setback when an executive was charged with conspiracy to defraud the US over the diesel emissions cheating. The group was accused of concealing this from regulators. Despite those challenges, however, VW on Tuesday reported a strong finish to 2016. December deliveries, including its Audi and Porsche luxury brands...
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