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>VW Group barely hangs on in Chapter 11 Not sure what you're referring to. Chapter 11 is a form of reorganization in bankruptcy in US law. Volkswagen AG (i.e.
by ddeck 7y ago
>VW Group barely hangs on in Chapter 11
Not sure what you're referring to. Chapter 11 is a form of reorganization in bankruptcy in US law.
Volkswagen AG (i.e. the VW Group) is an EUR85 billion German company that - despite the massive fines and recall - has been consistently profitable, with a small loss in 2015 due to the aforementioned issue and earned ~EUR12 billion in net profit last year.