All posts tagged "emissions scandal"

  • FILE - In a Tuesday, May 5, 2015 file photo, Volkswagen CEO Martin Winterkorn addresses the shareholders during the annual shareholder meeting of the car manufacturer Volkswagen in Hannover, Germany. Winterkorn apologized Sunday, Sept. 20, 2015, after the Environmental Protection Agency said the German automaker skirted clean air rules by rigging emissions tests for about 500,000 diesel cars. "I personally am deeply sorry that we have broken the trust of our customers and the public," Volkswagen chief Martin Winterkorn said in a statement. (AP Photo/Frank Augstein, File)
    VW rocked by emissions scandal as prosecutors come calling

    BERLIN (AP) — Volkswagen, the world’s top-selling automaker, lost a stunning 17.1 percent of its value Monday after admitting that it intentionally rigged nearly half a million cars to defeat U.S. smog tests. The Obama administration, meanwhile,...

    • Posted September 21, 2015
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