Volkswagen stocks close down 19.82%

GMT 17:43 2015 Tuesday ,22 September

Arab Today, arab today Volkswagen stocks close down 19.82%

German auto giant Volkswagen
Berlin - AFP

Volkswagen shares closed 19.82 percent down Tuesday, extending massive losses for a second day after the German auto giant admitted that pollution-cheating devices were fitted on 11 million diesel cars.

The stock ended the day at 106 euros, having lost a total of 35 percent in two trading days and wiping out 25 billion euros in market capitalisation.


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