VW

The German car giant, Volkswagen (VW) at last seems to be emerging from the 2015 emissions crisis that has long cast a cloud over the business. Results for the first quarter of 2017 revealed profits of €3.4bn, up 44% compared with the first three months of last year; the company has been making concerted efforts to improve efficiency and productivity in recent times. VW is the world’s largest carmaker and boasts Audi, Porsche and Skodaamong its stable of household car names. The group sold just shy of 2.5m vehicles in the first quarter.