Volkswagen Cuts Spending to Cope with the Emissions Scandal
VW said on Friday that it would cut about $1.1 billion from its 2016 spending plans in anticipation of expenses related to its massive emissions-cheating crisis. Here's what is -- and isn't -- affected by the cuts.
Is Volkswagen Starting to Feel Financial Strain From Its Diesel Emissions Scandal?
Recent developments point to Volkswagen feeling a financial strain; let's look into its recent SEC filing and understand the situation facing investors.