Why Volkswagen Was Fined $34.69 Billion
发布时间 2022-11-25 20:00:02 来源
摘要
Volkswagen is one of the largest automotive conglomerates in the world. Not only do they own Volkswagen, but they own a number of other brands that are also extremely popular like Audi, Bentley, and Lamborghini. But, despite its insane brand recognition, Volkswagen also has a major stain in its recent history. In the mid-2010s, Volkswagen was caught in an emissions scandal. Apparently, Volkswagen had written software that could detect when emissions tests were being conducted, and the cars could change engine properties to reduce emissions during these exams. When the cars were actually on the road though, they were emitting as much as 40 times the legal limits. I don’t think you’d be surprised to hear that Volkswagen had a pretty rough time after this news came to light. They would be forced to pay fines and settlements above $10 billion. They also had to buy back cars with this software for large prices and even award compensation on top of that. This video explains how Volkswagen went from being one of the most respected car brands to being caught up in the largest automotive scandal of all time.
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Timestamps:
0:00 - Tarnished Reputation
2:37 - A History Of Scandals
5:33 - Emissions Scandal
8:22 - The Fallout
11:03 - A New Leaf
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