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German carmaker suffers more loss as shares go down

Volkswagen's problems are getting worse with no reprieve in sight.
Volkswagen
Volkswagen

Volkswagen's shares have gone down.

The Guardian reports that the German carmaker's shares have gone down by 10%.

READ: Volkswagen reveals first quarterly loss in 15 years

This loss can be blamed on Volkswagen's diesel emission scandal which has only gotten worse.

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Since the company admitted to cheating, Audi and Porsche have been implicated, and has ordered the recall of 2.4 million cars.

In light of this, it is safe to say that the once prominent auto manufacturer may never recover despite it's 5 step strategy for a major comeback.

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