Volkswagen's five senior board members are meeting to discuss the company's fate after it was caught manipulating US diesel car emissions tests.
The revelation has sparked a wide number of investigations and could result in huge financial damage.
There is speculation over the position of VW chief Martin Winterkorn. His contract is up for renewal on Friday.
Meanwhile Germany has said it is considering launching a criminal inquiry into the scandal.
"In connection with the allegations of emission gas manipulation in VW diesel engines, the public prosecutors of Brunswick are considering launching a probe against management employees at Volkswagen," the prosecutors said in a statement.
(BBC)
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