Connect with us

Hi, what are you looking for?

Jewish Business News

World News

VW skids as scandal widens

Shares in Volkswagen dropped as much as 5 percent on Tuesday after US regulators widened their accusations of emissions test cheating against the German carmaker to include larger diesel engines used in high-end models.

Volkswagen vw
The US Environmental Protection Authority (EPA) said late on Monday that VW used devices to rig air-pollution tests in 3.0-litre V6 diesel engines used mostly in Porsche and Audi models.

VW said “no software had been installed… to alter emissions characteristics in a forbidden manner”. It did not immediately elaborate and was only prepared to answer questions in writing on Tuesday.

Read the full story at Business Report

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.




You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.