VW has lost nearly 40 per cent in market capitalisation since September, when the cheating revelations broke. Photo: Reuters

Volkswagen hit hard by fallout from emissions cheating scandal as investors dump stock and credit agency downgrades debt

Plunge driven by the revelation that the emissions scandal, previously confined to the company’s diesel-engined cars, also involved some of its gasoline or petrol engines as well.

TOP PICKS

VW has lost nearly 40 per cent in market capitalisation since September, when the cheating revelations broke. Photo: Reuters
READ FULL ARTICLE