Volkswagen scandal widens

By CNNMoney

Sep 22, 2015

Volkswagen is being engulfed by a growing crisis over its attempt to make millions of diesel cars appear cleaner than they were.

Volkswagen stunned investors Tuesday by admitting that the problem was much bigger than that: internal investigations had found significant discrepancies in 11 million vehicles worldwide.

It's hard to overstate the significance of the crisis in Germany, where making quality cars is central to the country's reputation as a manufacturing and export powerhouse. The auto industry accounts for about 20% of exports, and employs 775,000 people directly.

Read the full story on CNNMoney.com.

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