Monroe College Business Report: Volkswagen Emissions Scandal Analysis

This report examines the Volkswagen emissions scandal, which erupted in 2015 when the company admitted to using defeat devices to cheat on emission tests. The scandal, involving nearly 11 million cars worldwide, revealed a deliberate effort to make vehicles appear less polluting than they were. The report details the causes, including ambitious goals, poor leadership, and inadequate internal controls. It analyzes the consequences, such as recalls, financial expenditures, and damage to the company's reputation and sales. The report highlights the role of leadership style and myopic thinking in the scandal and discusses the company's response, including internal investigations and settlements. Finally, the report underscores the importance of regulations in ensuring environmental compliance and the ethical responsibilities of corporations.