Lower Saxony has no plans to sue VW

• The German state of Lower Saxony, Volkswagen's (VLKAY) second-largest shareholder, has no plans to sue the carmaker for damages caused by its emissions-test cheating scandal, Welt am Sonntag reports.
• The state has veto power on VW's supervisory board and holds a fifth of VW's voting rights.
• Earlier this week, the state of Bavaria said it would sue Volkswagen, the first regional government in Germany to take legal action against the company.