Volkswagen Shares Surge on Report of US Emissions Deal – Wall Street Journal

Posted: Wednesday, April 20, 2016

FRANKFURT—Volkswagen AG’s shares surged Wednesday on expectations the firm could announce a deal to avoid a trial in the U.S. over its emissions-cheating scandal.

Volkswagen led Germany’s blue chip DAX index for much of Wednesday’s session and closed 6.6% higher at €120.90 ($137).

Volkswagen faces a deadline of Thursday to reach a deal…

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