Correspondent Christine Romans reports Volkswagen faces billions of dollars in fines in the face of a U.S. lawsuit. Shares in Volkswagen AG are sliding after the U.S. Justice Department sued the German automaker over emissions-cheating software fitted to diesel vehicles. Volkswagen’s shares were 3.1 percent lower at 122.45 euros ($133.05) in Frankfurt trading Tuesday morning, easily the worst performer on the DAX index of blue chip stocks. The suit potentially exposes the company to billions in fines for clean air violations.
