Volkswagen Flashcards

1
Q

When did it happen?

A

Septemeber 2015

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2
Q

What happened?

A

They were dicovered to be using a software to change the emission results.

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3
Q

How many cars were affcted?

A

11m

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4
Q

How much could they of been fined by the US authority?

A

14bn

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5
Q

Did the share prices drop and if so how much by?

A

yes by 20%

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6
Q

What happened as a result of the scandal?

A
  • CEO resigned
  • said sorry
  • fix cars as quickly as possible
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