Volkswagen chief under pressure as cheating scandal snowballs

The job of Volkswagen's chief executive appeared to be on the line Wednesday over a pollution cheating scandal that has sparked a US criminal investigation and worldwide legal action with unfathomable financial consequences for the auto giant. Volkswagen's stock market nightmare showed the first signs of lifting as its share steadied a little in early trade in Frankfurt, following a two-day free fall that had axed 35 percent -- or 25 billion euros ($28 billion) -- off the company's market value.