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Emissions scandal taking tool on market value of Volkwagen

2015-09-21 18:25:49| Automakers - Topix.net

Volkswagen AG lost almost a quarter of its market value after it admitted to cheating on U.S. air pollution tests for years, putting pressure on Chief Executive Officer Martin Winterkorn to repair the reputation of the world's biggest carmaker. Top supervisory board members will convene on Wednesday, according to two people with knowledge of the plans, who asked not to be named because the meeting is private.

Tags: market taking tool emissions

Category:Automotive

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