VW Automobile Assembly

The scope of Volkswagen’s diesel scandal broadened on Tuesday, with the company announcing that 11 million of its diesel cars worldwide were equipped with the same software that was used to cheat on emissions tests in the United States. [The NY Times]

Shares of NRG Energy have fallen 8.6% to $16.44 on heavy trading volume, continuing losses from last week when the energy company announced plans to split off its renewable businesses. [The Street]

Apple is accelerating efforts to build an electric car and has set a target ship date for 2019, according to company sources. [WSJ]