Volkswagen profit surges 44% despite emissions scandal
German auto major Volkswagen has reported a 44% rise in its net profit to $3.7 billion in the first quarter, as against the year-ago period. This was the carmaker's first quarter results above forecasts after the 2015 diesel emissions crisis. The worldâs largest carmaker, which owns Porsche, Audi, Skoda and others, also saw a 10.3% rise in revenue.