Volkswagen opens an investigation into the name change to Voltswagen

The Volkswagen carmaker continues to be the center of attention after it starred in what appears to be a misguided joke at the end of March. In fact, apparently, the Volgswagen company has come under investigation because of the joke, obviously gone wrong, about the change of the name to Voltswagen. , intended for the US division of zero-emission vehicles. Well, this announcement turned out to be an "April Fool" and what might have seemed a simple joke is becoming a real problem for Volkswagen. In fact, due to the announcement of the name change - which turned out not to be true - a real investigation was opened by the SEC (Securities and Exchange Commission), as well as a US agency that operates in the sector of stock exchange supervision. .

Up to now, the details concerning the investigation in which the German company is involved have not been disclosed. However, some rumors coming from Wolfsburg seem to have confirmed the fact that the SEC has set in motion to get as much information as possible about Volkswagen Group of America. So, starting exactly on March 29, the VW division operating in the United States seems to have gotten into trouble, obviously unconsciously. After the publication of a press release announcing the change of the name to Voltswagen, the colossus had no more peace.

The news went around the world in a short time and, perhaps a few thought that it could only be an "April baby". After even publishing a new logo accompanied by some statements from the CEO, on March 31, the Volkswagen company seems to have taken a step backwards with the arrival of a new press release in which it was stated that it was one joke. Over the two days during which Volkswagen raised this fuss, the German giant's share price rose 12.5%. For this reason, it was necessary for the SEC to open an investigation.

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