The price of Volkswagen has been falling since 10 April 2015, when it closed at EUR 253.20, and closed yesterday at EUR 165.40, a drop of 34.7% in a little over five months. Yesterday alone, it fell by 3.2%.
The recall of half a million cars in the USA, ordered by the US Environmental Protection Agency, probably had something to do with yesterday's dive. It was found that some models had a device installed that disguised pollution levels when the cars were being tested and showed a lover rate of pollution. This recall will cost Volkswagen an estimated USD 18 billion.
http://www.bbc.co.uk/news/world-us-canada-34298259
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