September 23, 2015
On Tuesday, German carmaker Volkswagen acknowledged that 11 million of its diesel engine cars sold worldwide were equipped with software to cheat on emission tests. In a video statement, Martin Winterkorn, chief executive of Volkswagen, said the deception was the result of “the grave efforts of a very few” employees. Repercussions are just beginning: The EPA may impose fines of up to $18 billion, the Justice Department has reportedly opened a criminal probe, the company’s stock price has plummeted and its reputation, at this point, is in something of a free fall. We discuss the emissions testing scandal at Volkswagen and what it means for consumers and the car industry.
- Drew Kodjak executive director, International Council on Clean Transportation
- David Shepardson Washington bureau chief, The Detroit News.
- Ryan Calo assistant professor of law, University of Washington
- Steve Berman attorney, Hagens Berman Sobol Shapiro, LLP