Top Volkswagen Executives Charged With Market Manipulation

German prosecutors charged Volkswagen executives with stock market manipulation, alleging they failed to inform investors about the financial risks of a diesel emission scandal. In 2015, Volkswagen admitted to using illegal software to cheat on emissions tests, affecting millions of vehicles. The scandal led to lawsuits and cost the company around $30 billion. Despite the financial hit, Volkswagen's CEO, who joined in 2015, was not implicated. The company claims the allegations are groundless after a thorough investigation. Leadership changes in the Volkswagen Group were also noted.

What were the allegations against the Volkswagen executives?

What illegal action did Volkswagen admit to in 2015?

How much did the Volkswagen company reportedly lose due to the scandal?

What was the impact on Volkswagen's stock after the allegations were made?

Who was promoted to CEO of the Volkswagen Group last year?