How One Cheat Code Cost Volkswagen $35 Billion
Автор: Boardroom Logic
Загружено: 2026-02-17
Просмотров: 44
Описание:
How One Cheat Code Cost Volkswagen $35 Billion
Volkswagen promised the world clean diesel and sold 11 million vehicles on that lie.
Behind the scenes, engineers installed illegal software called a "defeat device" that faked emissions results during testing while pumping up to 40 times the legal limit of toxic nitrogen oxide into the air during real driving.
When regulators caught on, Volkswagen didn't confess, they lied for over a year before finally admitting the truth in September 2015.
The fallout was massive: $30+ billion in fines and settlements, criminal charges against executives, thousands of lost jobs, and studies linking the excess emissions to over a thousand premature deaths in Europe.
This is the full story of how corporate greed, a culture of fear, and one cheat code destroyed the most trusted name in German engineering.
Key Numbers:
11 million vehicles fitted with defeat devices worldwide
482,000 affected diesel vehicles sold in the US alone
31.3 billion euros (~$34.7B) in total fines and settlements
$14.7 billion US settlement alone
30,000 jobs cut at VW brand after the scandal
6 years of undetected cheating (2009–2015)
6 executives criminally charged by US Justice Department
7 years prison sentence for Oliver Schmidt
1,000+ estimated premature deaths linked to excess emissions in Europe
5 days from EPA notice to CEO Winterkorn's resignation
00:00 How One Cheat Code Cost Volkswagen $30 Billion
00:57 The Promise That Started It All
02:23 The Secret Defeat Device
04:21 How the Fraud Began to Unravel
06:14 The Global Fallout
08:25 The Human Cost Behind the Scandal
10:11 The Culture That Made It Possible
11:54 When the Market Strikes Back
#Volkswagen #Dieselgate #CorporateFraud #VWScandal #CleanDiesel #DefeatDevice #EmissionsScandal #Winterkorn #AutoIndustry #BusinessCaseStudy
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