Part 9/13:
Volkswagen’s emissions scandal, known as Dieselgate, epitomizes corporate malfeasance at the highest levels. Martin Winterkorn, who was CEO during the crisis, resigned amid revelations that millions of VW diesel vehicles had deliberately contained defeat devices to cheat emissions tests. Despite claiming no knowledge of the scheme, his resignation symbolized accountability at the top.
The scandal resulted in billions of dollars in fines, criminal investigations, and a severe blow to VW’s reputation. Winterkorn’s fall from grace highlights the perils of a corporate culture that prioritizes market share over ethical responsibility.