Volkswagen's shares plunge 18.6 percent

  • The shares of the German carmaker Volkswagen (VW) plunged 18.6 percent as it is faced with emissions manipulations accusations in the US. The Volkswagen AG on the stock market closed at 132.2 euros ($147.9), 18.6 percent lower than the previous day, Xinhua news agency reported. The carmaker lost more than 15 bn euros of its market value. The US Environmental Protection Agency (EPA) found that the software on Volkswagen diesel cars showed false emission data. Source: IANS