, Columnist
Scandal? What VW Scandal?
The carmaker shouldn't draw the wrong conclusions from the recovery in its stock price.
This article is for subscribers only.
Volkswagen AG's share price is finally back above where it was when the diesel-emissions scandal broke some two years ago. Since its nadir in October 2015, the company has clawed back more than 35 billion euros ($40 billion) in market value.
VW has confounded concern the scandal might cripple it and leave its diesel vehicles unsaleable. Its ability to cover the massive cash outflows associated with repairing some 11 million cars has been undeniably impressive.