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Keyword: volkswagenscandal

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  • Volkswagen is crashing hard after Audi got dragged into the emissions scandal

    09/28/2015 8:55:52 AM PDT · by SeekAndFind · 93 replies
    Business Insider ^ | 09/28/2015 | Oscar Williams-Grut
    The weekend break has not helped Volkswagen.Shares in the troubled German carmaker are crashing again, down 8.5% at 12.50 a.m. BST (7.50 a.m. ET).Google FinanceVolkswagen shares have been diving since it emerged that software in the company's cars was juicing the numbers on diesel emissions.On Monday, news broke that the scandal was even worse than first thought — over 2 million Audi cars are fitted with the same emissions-cheating software as Volkswagen's cars. Audi is owned by Volkswagen and produces higher-end cars.Bloomberg is also reporting that Volkswagen executives in Germany were directly involved in the faking of emissions, and former...