Volkswagen shares plunge after U.S. accuses it of falsifying emissions data

Volkswagen shares plunged more than 20 percent on Monday, their biggest ever one-day fall, after news that the German carmaker had rigged U.S. emissions tests, and Germany said it would investigate whether data had been falsified in Europe too.

The U.S. Environmental Protection Agency (EPA) said on Friday that the world's biggest carmaker used software for diesel VW and Audi branded cars that deceived regulators measuring toxic emissions and could face penalties of up to $18 billion.

http://www.startribune.com/volkswagen-shares-plunge-20-after-u-s-accuses-it-of-falsifying-emissions-data/328495691/