VW emissions scandal hits 11m vehicles
Tuesday, September 22, 2015
It said it was setting aside €6.5bn (£4.7bn) to cover costs of the scandal.
The boss of Volkswagen's US business, Michael Horn, has admitted it "totally screwed up" in using software to rig emissions tests.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...