VW's Isolation Increases as European Governments Condemn Actions

Updated on
  • CEO Winterkorn making plea to board members to keep post
  • Porsche and VW brand chiefs seen as possible replacements

VW Diesel Scandal Widens as CEO Heads for Board Showdown

Volkswagen AG’s crisis deepened, with Fitch announcing a possible ratings cut and an institutional investor reducing its holdings as investigations mount over revelations the German carmaker rigged diesel engines to pass U.S. pollution tests.

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