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US Justice Department to Open Criminal Probe of VW

The U.S. Justice Department plans a criminal investigation into charges that the German-based carmaker Volkswagen deliberately cheated on U.S. emissions testing for nearly half-a-million diesel-powered cars. Shares of Volkswagen plunged close 20 percent on world markets Monday. Volkswagen chief executive Martin Winterkorn apologized for deceiving customers and regulators and promised to cooperate with all investigators. Along with having to pay to fix the rigged cars, Volkswagen...

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