VW Sets Aside $7.3B For Diesel Scandal As Share Price Slides

#hashtags: #Environmental Protection Agency #Volkswagen #TDI

On Friday, the Environmental Protection Agency dropped a bombshell. Between 2009 and 2015, Volkswagen intentionally used software to trick emission-testing equipment into passing noncompliant models equipped with its 2.0-liter four-cylinder TDI diesel engines. And the market didn't hesitate to respond. VW stock has dropped by more than a third...