Results for: Scandal At Volkswagen

Scandal at Volkswagen: Volkswagen Passenger Cars, Audi and More

Time for a quick recap on recent developments involving everyone’s favorite scandal-plagued German automaker: Five Million Not Served Approximately five million Volkswagen Passenger Cars were outfitted with the defeat devices used to cheat emissions tests, according to a statement released by Volkswagen on Friday. Earlier in the week, VW revealed that 11 million of its diesel-powered vehicles, s

Scandal at Volkswagen: What Happens Now (Part 4)

For every great rise, there’s a devastating fall. Take, for instance, the films of Martin Scorsese. Invariably, the narrative arcs of his films go something like this: bad guy comes from humble beginnings; acquires fame, money and power; starts to get overconfident and makes a fatal mistake, or series of mistakes; the law finds out about the bad guy’s illicit activities and makes him pay for his c

Scandal at Volkswagen: Winter is Coming—Is Winterkorn Going? UPDATED (Part 3)

UPDATE: As this story was being prepared, word came down about Winterkorn’s final fate with Volkswagen. To no one’s surprise, Professor Dudenhöffer prediction about the VW CEO was accurate, thereby rendering the headline to this piece instantaneously moot. In his official statement of resignation from the company, Winterkorn accepted responsibility for the defeat devices that were found in VW di

Scandal at Volkswagen: The Financial Fallout (Part 2)

In the wake of the recent EPA-issued notice of violation, Volkswagen told its U.S. dealerships this past Saturday to suspend sales of its so-called “clean diesel” vehicles, specifically 2015 VW and Audi models with the problematic 2.0-liter, 4-cylinder engines. Dealerships will also not be allowed to carry 2016 model diesel vehicles until further notice. On Sunday, Volkswagen CEO Marti