Tuesday, September 22, 2015

US VW BOSS: 'WE SCREWED UP'

South Korea is launching an investigation into whether Volkswagen cheated emissions tests in the country.

It follows an admission by VW that it was dishonest with US regulators, leading to it being forced to recall half a million vehicles.

Volkswagen shares have again been falling in Tuesday trading in Frankfurt, after slumping nearly 20% on Monday.

France's Finance Minister is calling for an EU investigation.

The US boss of Volkswagen, Michael Horn, admitted the firm has behaved badly.

IN: "Our company…
OUT: …core values."
DUR: 29 seconds

http://www.fsnradionews.com/feeds/0922vw-horn1.mp3