Volkswagen Scandal May Cause German Economy in Trouble
The biggest Germany's car makers, Volkswagen is being accused of cheating on
emission tests by the U.S. Environmental Protection Agency and could face fine
US$18 billion, a number that could wipe out the 2014 company profit. VW
developed special technology that enables vehicles to be clean and green and
reduced manufacturing cost. Germany could face severe impact of the scandal as
the country grows at 1.8 percent this year after challenging with the euro zone
debt crisis and Chinese economy slowdown. (UP01/RU/23/Sep/15)
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