Tuesday September 29, 2020

Norway's wealth fund to join VW legal action

German action follows emissions rigging scandal

16th May, 2016
Norwegian wealth fund owns 1.64 per cent of Volkswagen Pic Pixabay

Norway’s €750 billion wealth fund is to seek to join a class action suit in Germany against car maker

Volkswagen following revelations the company rigged the exhaust systems of 11 million diesel-powered cars worldwide to pass official emissions tests.

Norges Bank Investment Management “intends to join a legal action against Volkswagen arising out of that the company provided incorrect

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