Can Volkswagen survive emissions scandal fallout? – CBS News
There’s new fallout from the emissions cheating scandal at Volkswagen. This year, the automaker overtook Toyota as the world’s largest carmaker by sales. It happened three years ahead of the company’s target. But investors punished Volkswagen’s stock after the company’s lie about emissions data. Can Volkswagen stay on top? Ariel Investments president and CBS News financial contributor Mellody Hobson joins “CBS This Morning” to discuss the company’s former CEO Martin Winterkorn and the impact of the scandal.
View CBS News In
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.
Forbes 400: America’s richest billionaires revealed – CBS News Watch CBSN Live Forbes magazine’s 34th annual Forbes 400 list shows the rich are getting richer, with the combined net worth of listed members at $2.34 trillion dollars. With a record $1.7 billion requirement to make the list, 145 American billionaires […]