Stock price of Volkswagen dived approaching 22% on Tuesda, including Monday, its market value shrink above 28 billions euros. Following a survey of the United States on Tuesday, on Friday Korea announced that they would investigate Volkswagen, and French demanded an investigation into the masses across the whole EU.
September 18th, the United States Environmental Protection Department accused the German Volkswagen Group installed illegal software in cars they produced to avoid the United States automobile emissions regulations, and the Volkswagen was facing to a fine up to $18 billions. Two days later (German local time on September 20), Volkswagen CEO Martin Winterkorn made a public statement for apology, and said an investigation group would be establishment to do a completely, open and impartial investigation.
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