![]() ![]() ![]() ![]() Ironically, it was recently reported that Volkswagen beat its 2018 forecasts despite the so-called 'Dieselgate' scandal, which was previously examined in the documentary Backfired: When VW Lied to America. In 2015, a scandal rocked Volkswagen, the world’s largest automobile company, when investigators found that it had equipped its diesel-engine cars with computer code that allowed them to evade antipollution regulations. As a proud Volkswagen leasee for the last decade-plus, I personally hope this project comes to fruition, as I sure am curious about the details of who knew what and when. The resulting fallout sent VW's stock plunging, with the ultimate cost to the company now estimated to be around $30 billion in repairs, customer reimbursement and fines.ĭiCaprio is a longtime environmental activist, so naturally, the story spoke to him and he set out to find the movie in there. These devices could reportedly tell when a car was being tested for fuel emissions, and would turn on the emissions controls to cheat the test and meet EPA standards. Faster, Higher, Farther: The Volkswagen Scandaltakes readers through the combination of pressures that produced what may be the biggest corporate scandal ever, detailing the companys personalities and the history behind the saga with fluency and wit. He describes VWs rise from 'the peoples car' during the Nazi era to one of Germanys most prestigious and important global brands, touted for being 'green. The scandal had widespread repercussions, including the resignation of Volkswagen Group CEO Martin Winterkorn, who allegedly knew that the company had placed illegal software known as "defeat devices" in their Clean Diesel cars. In Faster, Higher, Farther, Jack Ewing rips the lid off the scandal. ![]()
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