Volkswagen's $33 Billion Disaster: The Emissions Scandal Explained

Описание: In September 2015, Volkswagen was exposed for one of the biggest corporate frauds in automotive history. The trusted German automaker had installed "defeat device" software in 11 million diesel vehicles worldwide to cheat emissions tests, fooling regulators and customers for years while polluting at up to 40 times the legal limit.

This video breaks down the entire Dieselgate scandal - from the clever deception that made their diesel cars pass laboratory tests while spewing massive pollution on real roads, to the shocking $33.3 billion price tag in fines, settlements, and buybacks. We explore how researchers at West Virginia University uncovered the fraud, the immediate 33% stock price collapse, the $2.8 billion criminal fine (the largest ever for an automaker), and the devastating impact on Volkswagen's reputation and the entire automotive industry.

Discover how a win-at-all-costs corporate culture led to systematic fraud involving engineers, managers, and executives. Learn about the environmental damage from years of illegal emissions, the criminal charges against VW employees, and why this scandal accelerated the industry's shift to electric vehicles.

The Volkswagen emissions scandal stands as a cautionary tale: no company is too big to commit fraud, and the cost of getting caught will always exceed any short-term gains from cheating.

#Volkswagen #Dieselgate #EmissionsScandal #CorporateFraud #VW #AutomotiveScandal #CleanDiesel #BusinessScandal #EPA #EnvironmentalFraud #VWScandal #FinancialFraud #CorporateCrime #Automakers #Germany #BusinessHistory #VWEmissions #DieselScandal #CorporateResponsibility #Fraud #BusinessEthics #AutomotiveIndustry #ElectricVehicles #RegulatoryCompliance #MarketCrash #StockMarket