UPDATE 1-Volkswagen jumps on U.S. investor speculation

Newswire

(adds background, additional market comment) FRANKFURT, Sept 22 (Reuters) - Shares in Volkswagen , Europe's biggest automaker, soared more than 5 percent on Thursday amid market talk that U.S. investor Kirk Kerkorian may plan to build a stake in the German company. "The rumour that is going around is that Kerkorian is buying," said one trader. "The consensus is that who buys now must be a strategic investor because at this price there is no chance of a quick profit." Volkswagen ...

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