Tuesday, September 22, 2015

Volkswagen Emission Scandal



Jack Ewing wrote an article today “ Volkswagen Says 11 Million Cars Worldwide Are Affected in Diesel Deception” to highlight Volkswagen’s recent software emission manipulation scandal. This article states that the manufacturer placed software in eleven million cars that could effectively trick standard gas emission tests. Ewing wrote, “Volkswagen’s embattled chief executive, Martin Winterkorn, released a video statement in which he said the company would work with government authorities to investigate the matter. “Everything will be laid on the table, as quickly, thoroughly and transparently as possible,’’ Mr. Winterkorn said. “And, to be clear, manipulation and Volkswagen — this must never happen again.’’

     Volkswagen not only damaged the environment, shareholders and clients with its software manipulation, but more importantly, it also substantially damaged its brand because it will be a challenge for the company to regain the trust of its consumers.  Moreover, Volkswagen forgot the principle of reciprocity, as I am fairly certain that countries throughout the world will punish the company’s dishonest actions.  Although Volkswagen will pay millions of dollars in fines to resolve the issue, Volkswagen has levied a substantial penalty on the world’s environment as a result of its intentional deception in the name of greater profits. This incident has opened up an intense examination of whether other automobile companies are engaging in the same type of malfeasance. As a result, governments around the world must create specialized emission tests not subject to software manipulation because they can no longer trust automobiles companies to comply with environment laws without close monitoring.

Yiby Person

Click here to go to the article

No comments: