Volkswagen Making Investors Wait
Posted: Sat Feb 06, 2016 11:10 am
More fuel for the sky-is-falling crowd.
Volkswagen has announced that it will delay the release of its financial results and it won't be holding its shareholders' meeting on time. The reason why is that the company needs more time to assess the cost and bottom line that came as a result of last year's emissions crisis.
Originally, the company was going to release results on March 10, with its annual shareholders' meeting scheduled towards the end of April.