► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Volkswagen shares are up 5 per cent after better than expected third-quarter numbers, but the German volume carmaker's shares remain cheap. Lex's Oliver Ralph and Nikki Tait explain why.<br />For more video content from the Financial Times, visit http://www.FT.com/video<br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes