Volkswagen shares slide after US government sues automaker

January 5, 2016 9:43 AM

44 0

FRANKFURT, Germany — Shares in Volkswagen AG are sliding after the U.S. Justice Department sued the German automaker over emissions-cheating software fitted to diesel vehicles.

Volkswagen’s shares were 3.1 percent lower at 122.45 euros ($133.05) in Frankfurt trading on Tuesday morning — easily the worst performer on the DAX index of blue chip stocks, which was 0.4 percent higher overall.

Also read: ZTE shares rise in Hong Kong after clarification of U.S. bill impact

Read more

To category page