FRANKFURT, Germany (AP) - Volkswagen AG is reporting a loss of 1.67 billion euros ($1.83 billion) in the third quarter as earnings took a hit from 6.7 billion euros in set-asides for recalls and fines connected to cars rigged to evade U.S. diesel emissions testing.

FRANKFURT, Germany (AP) Volkswagen AG is reporting a loss of 1.67 billion euros ($1.83 billion) in the third quarter as earnings took a hit from 6.7 billion euros in set-asides for recalls and fines connected to cars rigged to evade U.S. diesel emissions testing.

Volkswagen had already announced the charges, so market analysts expected a loss for the quarter. The company's result beat analyst expectations, while sales revenue rose 5.3 percent to 51.5 billion euros.

Chief financial officer Frank Witter said Wednesday the company had "solid and robust" cash resources to meet the financial impact of the emissions scandal. Analysts say the impact will likely be several times larger than the set-asides.

The scandal became known on Sept. 18, near the end of the quarter, so any impact on quarterly sales was slight.