VW emissions fallout: More may feel the heat
There is potential for exposure to numerous class actions - and companies supplying Volkswagen could suffer collateral hits
Just one working day before Volkswagen dropped its bombshell on the world’s stock markets, a senior member of its board of management, Hans-Dieter Pötsch, delivered a keynote address to an audience of fund managers and institutional investors from all over Europe, at the Deutsche Bank-sponsored IAA Cars 2015 Conference in Frankfurt.
“Volkswagen Group: stability in volatile times” was the opening banner slide for Pötsch’s presentation. He had a somewhat mixed story to tell...
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