German Court Says Volkswagen's Emission Software is Faulty: Report

A court in Germany has ruled that the emission regulating software of Volkswagen AG VWAGY Golf model is faulty.
The administrative court revoked a permit by the German transport regulator allowing the car manufacturer to use the software, Bloomberg reported.
Environmental group DUH which accused Volkswagen said about 10 million vehicles is likely to need to be retrofitted or pulled off roads.
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DUH accused that authorities allowed Volkswagen to get away with emission regulations with a defeat device.
The group also plans to take on other Volkswagen models, BMW AG BMWYY and Mercedes-Benz Group AG MBGYY.
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Price Action: VWAGY shares closed lower by 0.03% at $17.86 on Friday.
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