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Volkswagen crashes 22% after it admits to cheating on emissions tests

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Volkswagen AG dropped the most in almost seven years after it admitted to cheating on US air pollution tests for years, risking billions in potential fines and a backlash from consumers in the world's second-biggest car market.

Berlin

VOLKSWAGEN AG dropped the most in almost seven years after it admitted to cheating on US air pollution tests for years, risking billions in potential fines and a backlash from consumers in the world's second-biggest car market.

The shares plunged as much as 22 per cent to

sentifi.com

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