value of volkswagen shares crashes on word of emissions cheating scandal /

Published at 2015-09-21 23:49:40

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WASHINGTON — Shares in Volkswagen crashed 20% Monday,wiping $18 billion off the company’s value after it was found to absorb misled U.
S. regu
lators. Federal and state regulators said Friday that the German company cheated on environmental standards by programming some diesel-fueled cars to turn on emission controls only when being tested. Volkswagen, recently crowned […]

Source: kdvr.com

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