Volkswagen has warned it would take time to investigate its rigging of emissions tests, hours before it is due to give updates on its findings.
Despite the decrease in value of used cars, Volkswagen revealed Thursday that its U.S. sales rose 0.6 percent in September.
European stocks pared gains to close flat on Wednesday, with auto stocks and miners outperforming after some recovery in oil prices.
In 23 years selling Volkswagens, Steve Kalafer reckons he has never seen anything as bad as the German automaker's rigging of emissions tests.
Volkswagen hopes to complete its recall for vehicles hit by the emissions crisis by the end of next year.
European ended higher on Tuesday, with miners and auto stocks leading the way as oil prices climbed back over $50 per barrel.
Volkswagen's CEO said the firm will need to make "massive" cost savings to overcome the consequences of the emissions scandal.
Investors want to see better governance in German carmaker Volkswagen following the emissions scandal, according to Arndt Ellinghorst.
Jim Cramer was shocked with the amount of good news bursting in the market on Monday. In fact, he's rethinking everything.
Wondering what the Fed will do next? Risk from a strong dollar could change the Fed policy path, one expert said.
European stocks accelerated gains into the close on Monday after a weak U.S. employment report dampened expectations that the U.S. Federal Reserve will start raising interest rates soon.
Traffic at Volkswagen dealerships remained "quite good" last month, despite the automaker's emissions test cheating scandal, Mike Jackson said.
Widely publicized jeremiads about emerging markets are mainly referring to East Asia's developing economies. They are totally wrong.
VW's board will meet on Wednesday to appoint finance chief Hans Dieter Poetsch head of the company's 20-member controlling panel.
Volkswagen's decision to nominate a long-serving executive as chairman has thrown more scrutiny on the carmaker's corporate governance and culture, the FT reports.
Gold jumped more than 2 percent on Friday and was on track for its biggest daily gain since January on a flurry of short-covering after jobs data.
EPA officials have not formally ordered a recall of 482,000 VW products, but that step is likely to take place, according to an EPA spokesperson.
European equities pared losses to trade higher on Friday, after official jobs numbers from the U.S. came in way below expectations.
Analysts are warning that the VW scandal could hamper growth in emerging parts of Europe.
Volkswagen may be an even bigger risk for investors, as a key part of its business apart from cars is threatened by the diesel emissions scandal.