Business
Volkswagen fools media with fake statement on name change to Voltswagen – ABC News
Volkswagen of America issues false statements saying it will change its brand name to Voltswagen to stress its commitment to electric vehicles, before announcing…
Volkswagen of America says statements made earlier this week about changing its brand name to Voltswagen to stress its commitment to electric vehicles were all just a joke.
Key points:
- The hoax saw stocks rise by almost 5 per cent
- The US Exchange Commission could take action on the name change misinformation
- In 2015, Volkswagen cheated on government emissions tests and were fined $46 billion
Company spokesman, Mark Gillies, confirmed on Tuesday that the statement had been a pre-April Fool’s Day joke…
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