Volkswagen AG’s suppliers and customers aren’t the only ones suffering collateral damage from the German car maker’s emission scandal, so are its peers. Shares of General Motors Co. dropped 2.7%, Ford Motor Co. shed 3%, Fiat Chyrsler Automobiles N.V. fell 4.7%, Toyota Motor Corp. lost 2.1% and Volvo AB slid 2.9%. J.P. Morgan analyst Jose Asumendi said a potential investigation into Volkswagen’s diesel engine technology could trigger a wider and broader investigation in the industry, “likely creating uncertainty for car make4rs and translating into potentially more stringent CO2 emission controls in the auto industry.”
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