Doylestown Auto Shop News — VW shares sink as scandal takes on new dimension

Audi repair Call 267 279 9477 to make your appointment today—

Investors wiped another 3 billion euros off Volkswagen Group’s market value today after the automaker said it had understated the fuel consumption of some cars, opening a new front in a scandal that initially centered on rigging emissions tests. VW said on Tuesday it had understated the fuel usage of up to 800,000 cars in Europe , meaning those vehicles affected are more costly to drive than their buyers had been led to believe.

from Volkswagen News
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