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Volkswagen shares are getting CRUSHED

Published by Business Insider on Mon, 21 Sep 2015


Volkswagen shares are diving more than 13% in early trading on Monday.US regulators found software the carmaker designed for diesel cars gave false emissions data and the company faces fines of up to $18 billion, the Environmental Protection Agency said on Friday.Volkswagen's CEO apologised on Sunday, saying he was "deeply sorry" for the violation of U.S. rules."I personally am deeply sorry that we have broken the trust of our customers and the public," Martin Winterkorn said in a statement.Join the conversation about this storyNOW WATCH: Here are some incredible toys hedge fund boss Steve Cohen has bought with his billions
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