VOLKSWAGEN AKTIENGESELLSCHAFT
VOLKSWAGEN AG informs:
VOLKSWAGEN AG / Key word(s): Miscellaneous Volkswagen Group increases Provision for Recall Actions in North America In the third quarter negative special items of ca. EUR2.5 billion EUR are expected to burden the Operating Result. The reason is an increase in provisions relating to the buyback/retrofit program for 2.0l TDI vehicles, which is part of the settlements in North America that is proving to be far more technically complex and time consuming. The complete Interim Report of the Volkswagen Group for the period January-September 2017 will be published on October 27th.
29-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | VOLKSWAGEN AG |
Berliner Ring 2 | |
38440 Wolfsburg | |
Germany | |
Phone: | +49 (0)5361 9 – 49840 |
Fax: | +49 (0)5361 9 – 30411 |
E-mail: | oliver.larkin@volkswagen.de |
Internet: | www.volkswagenag.com/ir |
ISIN: | DE0007664039, DE0007664005 |
WKN: | 766403, 766400 |
Indices: | DAX, Euro Stoxx 50 |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; Luxemburg, SIX |
End of Announcement | DGAP News Service |