The road ahead for VW after its emissions deception

In the long history of corporate corruption, the Volkswagen scandal exposed last week by the US Environmental Protection Agency is hard to beat for the scale. The German giant deceived both customers and governments about the emissions and fuel-efficiency of 11 million diesel cars worldwide. Penalties could run into the billions because of VW’s secret software that tricked regulators. A drop in sales could now end the company’s goal to become the world’s top automaker.

That’s the bad news. What makes this scandal worth watching is to recall what happened to another German engineering giant that suffered a similar massive corruption scandal nearly a decade ago. Siemens, which specializes in big energy equipment, was found to have given bribes totaling $1.4 billion to government officials on four continents to win contracts from 2001 to 2007. A German judge called it “organized irresponsibility.” The company has since seen the light and tried to create a culture of integrity among its more than 300,000 employees.

'To Bless All Mankind'
Doing the right thing—it’s natural
January 18, 2016

We'd love to hear from you!

Easily submit your testimonies, articles, and poems online.