On the Frankfurt Stock Exchange, Volkswagen shares were down 8.4% just after the market opened and repeatedly dipped to a 9% drop within 25 minutes of trading. Shares of Porsche Automobil Holding SE, a controlling shareholder in Volkswagen, were also more than 8% lower.

"Volkswagen Shares Plunge as Emissions Scandal Spreads," at 0913 GMT, misstated Porsche's link to Volkswagen in the second paragraph. Porsche is a controlling shareholder of Volkswagen.

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(END) Dow Jones Newswires

November 04, 2015 07:33 ET (12:33 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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