Sept. 22, 2015: Volkswagen announces it will set aside roughly half a year's earnings ?? ($7.3 billion) to fix cars with defeat devices installed. With the news that around 11 million cars will need to be fixed, Volkswagen stock closes 35 points lower on the day.

Michael Sohn/AP/File
Volkswagen ornaments sit in a box in a scrap yard in Berlin, Germany (Sept. 23, 2015). Germany's motor transport agency is ordering a mandatory recall of Volkswagen cars sold with software that enabled them to evade diesel emissions testing, as it was announced Thursday, Oct. 15, 2015.