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Corporate Event

Volkswagen Emissions Scandal

Corporate Fraud and Financial Scandals

In September 2015 the U.S. Environmental Protection Agency found that Volkswagen had installed defeat device software in millions of diesel vehicles worldwide to cheat official emissions tests, causing the cars to emit up to 40 times the legal limit of nitrogen oxide under real-world driving conditions. The scandal, nicknamed Dieselgate, led to the resignation of CEO Martin Winterkorn, roughly 11 million affected vehicles worldwide, tens of billions of dollars in fines, buybacks and settlements, and criminal charges against several Volkswagen executives. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/

Facts
Event Type
Emissions scandal 1
Event Year
2015 1
Connections

Associated With

Source Wikipedia, Regulatory compliance
Source Wikipedia, Volkswagen Emissions Scandal

Companies Involved

Source Wikipedia, Volkswagen Emissions Scandal
Sources
1. Wikipedia, Volkswagen Emissions Scandal
Wikipedia
  • Lead section, opening paragraph
    The agency had found that Volkswagen had intentionally programmed turbocharged direct injection (TDI) diesel engines to activate their emissions controls only during laboratory emissions testing, which caused the vehicles' NOx output to meet US standards during regulatory testing.
  • Associated With: Volkswagen Group
  • Companies Involved: Volkswagen Group
View the Source
Wikipedia, Regulatory compliance
Associated With: Legal and Compliance, Classified by subject-matter domain of the corporate event (w-bbfill-business-other-0926); cites the discipline definition.View the Source
Frequently Asked Questions

How many vehicles were affected by the Volkswagen emissions scandal?

Volkswagen installed the defeat device software in about 11 million cars worldwide, including 500,000 in the United States, across model years 2009 through 2015.
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