FRANKFURT, Sept 16 The German state of Hesse
will sue Volkswagen for damages caused by its
emissions-test cheating scandal, its Finance Minister said on
Shares in VW plunged in the wake of the revelation by U.S.
regulators last September that Europe's largest automaker had
cheated on emissions tests, hitting the state coffers and
pension funds of German states.
Hesse's Finance Minister Thomas Schaefer said in a statement
the drop in Volkswagen's share prices caused the state about 3.9
million euros ($4.4 million) in damages.
($1 = 0.8906 euros)
(Reporting by Harro ten Wolde; Editing by Maria Sheahan)