Monday June 1, 2020

Volkswagen receives more bad news

After emissions scandal the motor company's shares have plummeted

8th November, 2015
Volkswagen has been hit by another scandal

Last week saw the Volkswagen emissions scandal spread to petrol engines, deepening the financial implications for the German car manufacturer.

Before the announcement of the involvement of petrol models, the carmaker had assumed that it would need to recall around 11 million vehicles across the world, which is a greater number than it sold all of last year.

The company’s shares have plummeted as a consequence. By the end of the week, a share price that...

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