Scandal-hit Volkswagen has posted a third-quarter loss of 3.5 billion euros (£2.5 billion) in the wake of its emissions scandal.
The German carmaker has taken a charge of 6.7 billion euros (£4.8 billion) to cover the costs of the scandal.
It is understood to be the first time in at least 15 years that VW has reported a quarterly loss.
It compares with a 3.23 billion profit a year ago.
Volkswagen’s new chief, Matthias Müller said: "The figures show the core strength of the Volkswagen Group on the one hand, while on the other the initial impact of the current situation is becoming clear. We will do everything in our power to win back the trust we have lost."
Volkswagen has set aside another 200 million euros to cover the cost of the emissions scandal.
VW reported a 3.48 billion euro operating loss for the third quarter of the year, and a €2.52bn pre-tax loss.
In September, VW admitted installing software designed to cheat emissions tests in 11 million of its diesel cars worldwide.
VW has already appointed a new chief executive and chairman since the scandal broke.
The car firm now expects profits for the full year to be "down significantly" as a result of the costs of dealing with the emissions scandal.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here