US SEC to probe VW’s ‘Voltswagen’ prank
The stunt, just before April Fool’s Day, was meant to call attention to its electric vehicle efforts, carmaker said
30 April 2021 - 10:39
Washington — The US Securities and Exchange Commission (SEC) has opened an inquiry into the US unit of Volkswagen over a marketing stunt in which it falsely said it was changing its name in the US to “Voltswagen”, a person briefed on the matter confirmed.
Spiegel first reported the inquiry and the SEC’s request for information about the issue made in early April and quoted VW as confirming the investigation...
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