22-04-2016 19:54 via news.yahoo.com

Stock markets skid as car emissions saga widens

Stock markets were subdued Friday after a torrid week for automakers with Germany's Daimler probing its vehicle emissions, Volkswagen announcing its first loss in 20 years and Mitsubishi suffering a rout. Daimler limited an initial 6.6 percent decline to 5.1 percent by the close in Frankfurt after the owner of Mercedes-Benz announced Thursday it was launching an internal investigation "into its certification process related to exhaust emissions in the United States" following a US Justice Depart
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