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US orders Volkswagen to recall 500,000 cars

Shares in German auto giant Volkswagen plummeted more than 20 percent on September 21, 2015

US regulators charged Volkswagen Friday with manufacturing autos designed to evade pollution controls and ordered the German auto giant to recall nearly 500,000 cars.

Volkswagen designed software to meet clean-air standards during testing, but not during normal operations, US and California regulators charged. As a result, the cars emit greater-than-allowed quantities of pollution linked to smog and various health ills.