The FTC is coordinating with EPA and Justice, agency spokesman Justin Cole said. The FTC's involvement was first reported by Politico.

Volkswagen AG's market value has dropped sharply since news broke in September that "defeat devices" aimed at hiding emissions were found to have been installed on VW's diesel vehicles.

(Reporting by Diane Bartz; Editing by Sandra Maler)

Valeurs citées dans l'article : Volkswagen AG, COLE