Bernstein: The VW Scandal Might Not Hurt Sales As Much As Feared

"A surprisingly limited impact on brand."

A Volkswagen AG badge sits on a Volkswagen Tiguan R-Line automobile.

Photographer: Akos Stiller/Bloomberg

Investors are worried about the impact of an emissions scandal in which Volkswagen admitted to cheating on U.S. air pollution tests for years. According to a new note out of Bernstein, their fears may be overblown.

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