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Volkswagen probe spreads globally, raising recall fears

Squawk Box Live had the latest developments on Volkswagen, amid allegations the automaker used software to trick U.S. regulators measuring toxic emissions on its diesel vehicles.

Volkswagen said Sunday that it had launched an internal investigation, which sent shares plunging nearly 20 percent on Monday.

The German government has called for an urgent probe into the emissions scandal and South Korea says it will launch an investigation.

Here's how the morning unfolded.

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