Martin Winterkorn

VW's Audi says 2.1 mln cars fitted with emission-cheating software

Volkswagen?s top-of-the-range automaker Audi said on Sept. 28 that 2.1 million of its diesel cars worldwide are fitted with the sophisticated software enabling them to cheat emission tests.

In Germany alone, 577,000 vehicles were affected and 13,000 in the United States, an Audi spokesman said. In western Europe as a whole, the number was 1.42 million.     

Volkswagen shares skid 13% on false emission scam in US

Shares in German auto giant Volkswagen fell more than 13 percent on the Frankfurt stock exchange on Sept. 21 after it emerged some of its diesel cars in the United States had been fitted with software that gave false emissions data.

In the first few minutes of trading, VW shares fell by as much as 13.23 percent to 140 euros in a slightly lower market.    

Car sector welcomes tech giants, but battles loom

It could be the battle of the titans. Auto giants at the Geneva Motor Show say they welcome the potential move of Silicon Valley players into their sector but experts warn of major disruptions.

Google has long made headlines with its plans for a self-driving car, but Apple is now also reportedly readying for a plunge into the industry to begin developing an electric car.

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