File - This file photo taken on September 29, 2015 shows the logo of German car maker Volkswagen at a Northern Virginia dealer in Woodbridge, Virginia AFP / PAUL J. RICHARDS
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German prosecutors have widened an inquiry into suspected market manipulation by managers at Volkswagen to include the carmaker's supervisory board Chairman Hans Dieter Poetsch, VW said Sunday. The investigation, which relates to Poetsch's time as finance chief, is the latest fallout from VW's admission last year that it cheated on diesel emissions tests.VW has acknowledged it installed software that deactivated pollution controls on more than 11 million diesel vehicles sold worldwide, damaging its global business and prompting the departure of Chief Executive Martin Winterkorn.The prosecutor's office in Braunschweig first announced the market manipulation probe in June, targeting former CEO Winterkorn and VW brand chief Herbert Diess for suspected market manipulation related to the emissions scandal.VW said the company and Poetsch, who was finance chief of Volkswagen from 2003 until he became chairman in October 2015, would fully support the prosecutor's office in its investigation.
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