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Volkswagen scandal may be tip of iceberg; industry may suffer fallout

Wednesday, September 23, 2015 - 05:50

Volkswagen CEO Martin Winterkorn has issued a personal apology.


AN escalation of the Volkswagen's emissions scandal has become a "black swan" event.

It has precipitated worries about the economic impact of a major global industry, a slide in global car company and supplier shares and a general downturn in equity markets.


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