VW cuts 2016 capital spending plan as cheating scandal widens

Posted by Owen Ajayi-Isaac

Date: November 21, 2015

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WOLFSBURG, Germany/WASHINGTON (Reuters) – Volkswagen AG cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its emissions cheating scandal expanded to include tens of thousands more U.S. vehicles.

Source: ReuterBusiness

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