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Shares of VW Drop 13% After Intentional False Emission Data

Shares in German automaker Volkswagen plunged more than 13 percent Monday just minutes after the Frankfurt exchange opened following news that many of its diesel cars in the United States had software that intentionally falsified emissions data. The huge drop comes one day after Volkswagen CEO Martin Winterkorn apologized for breaking the trust of VW's customers, saying the company will fully cooperate with an external investigation the automaker has ordered. Sales of some...

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