Volkswagen Group's Audi unit gave an early indication of the costs of the diesel scandal to its parent company today, reporting that the issue had cut into its 2015 profit.Audi said its operating profit fell 6.1 percent to 4.84 billion euros ($5.3 billion) on emissions-related costs of 228 million euros, combined with provisions for recalls of cars fitted with Takata Corp. airbags.
The operating margin at Volkswagen's luxury division fell to 8.3 percent from 9.6 percent, the company said in a statement. This compares with 10 percent at rival Mercedes-Benz which last year eclipsed Audi in global sales for the first time since 2010.
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