Volkswagen's diesel scandal problems are hitting the company's bottom line — hard. It's not just the massive fines and expensive repairs that we know are coming: people really like Volkswagen's diesel cars. And now, because none of the offending diesel-powered vehicles can be sold until they're fixed, they can't buy them. That means Volkswagen is selling way fewer cars.
Last month, VW's US sales were off nearly 25 percent from November last year, with the standard Golf (-64 percent), Jetta (-23 percent), Beetle (-39 percent), and Passat (-60 percent) making up the majority of the losses. All in, VW sold 23,883 cars in the US last month, versus 31,725 last November.
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