overnite wrote: Volkswagen put out a news bulletin for 1/4/21 saying the name was changing to Voltswagen, inline with their push into the electric vehicle market. Share price plummeted like a lead balloon. An amended statement was hurriedly announced, stating it was only an April fools day stunt. Doubt it will be repeated anytime soon.
And they could be in a heap of strife over that too. Making misleading statements that affect the market is a serious offence. It is apparently being investigated with a view to legal action. (Especially since it was published before 1st April - which might not be VW fault if a newspaper broke the embargo and went early.)
