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Volkswagen could end up in hot water over its Voltswagen marketing stunt

Volkswagen could end up in hot water over its Voltswagen marketing stunt CNN 1 day ago By Clare Duffy, CNN Business © Ronny Hartmann/AFP/Getty Images A new Volkswagen (VW) ID.4 SUV electric automobile is ready for delivery at the customer centre of German carmaker Volkswagen in Wolfsburg, northern Germany on March 26, 2021. - German auto giant Volkswagen said it is aiming to dominate the electric car market by 2025 as it accelerates the pace to catch up with US pioneer Tesla. Volkswagen sold 422,000 electrified vehicles in 2020. Of those, 230,000 were fully electric cars or three times more than in 2019 and the remainder petrol-electric hybrids. (Photo by Ronny Hartmann/AFP/Getty Images)

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Volkswagen could end up in hot water over its Voltswagen marketing stunt

Volkswagen of America says its Voltswagen name change was merely a joke in the spirit of April Fools Day to promote a new electric car. But even if it was meant as a lighthearted marketing gag, the move could land the carmaker in some serious trouble. The situation may have put the company at risk of running afoul of US securities law by wading into the murky waters of potentially misleading investors. This is not the sort of thing that a responsible global company should be doing, said Charles Whitehead, Myron C. Taylor Alumni Professor of Business Law at Cornell Law School.

United statesJonathan richmanElon muskCharles whiteheadExchange commissionSecurities exchangeApril foolAlumni professorBusiness lawCornell lawApril fools inspiredDan ivesSecurities exchange actApril fool dayStock exchangeஒன்றுபட்டது மாநிலங்களில்

Volkswagen could end up in hot water over its Voltswagen marketing stunt

Volkswagen could end up in hot water over its Voltswagen marketing stunt
cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.

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Volkswagen could end up in hot water over its Voltswagen marketing stunt

Volkswagen could end up in hot water over its Voltswagen marketing stunt
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

United statesRonny hartmannJonathan richmanCharles whiteheadElon muskExchange commissionSecurities exchangeGetty imagesApril foolAlumni professorBusiness lawCornell lawApril fools inspiredDan ivesSecurities exchange actApril fool day