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Faster, Higher, Farther : the inside story of the Volkswagen scandal /

By: Ewing, JackMaterial type: TextTextLondon : Transworld Publishers Ltd, 2017Description: 352 pagesContent type: text Media type: unmediated Carrier type: volumeISBN: 0593077269; 9780593077269DDC classification: 338.76292 Summary: When news of Volkswagen’s clean diesel fraud first broke in September 2015, it sent shockwaves around the world. Overnight, the company long associated with quality, reliability and trust became a universal symbol of greed and deception. Consumers were outraged, investors panicked, the company embarrassed and facing bankruptcy. As lawsuits and criminal investigations piled up, by early 2017 VW had settled with regulators and car-owners for \
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Book Book Paul Hamlyn Library Paul Hamlyn Library Floor 1 338.76292 EWI (Browse shelf(Opens below)) Available 06535453
Book Book Paul Hamlyn Library Paul Hamlyn Library Floor 1 338.76292 EWI (Browse shelf(Opens below)) Available 06535461
Book Book Paul Hamlyn Library Paul Hamlyn Library Floor 1 338.76292 EWI (Browse shelf(Opens below)) Available 0653547X
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When news of Volkswagen’s clean diesel fraud first broke in September 2015, it sent shockwaves around the world. Overnight, the company long associated with quality, reliability and trust became a universal symbol of greed and deception. Consumers were outraged, investors panicked, the company embarrassed and facing bankruptcy. As lawsuits and criminal investigations piled up, by early 2017 VW had settled with regulators and car-owners for \ 0 billion, with additional fines and claims still looming. Jack Ewing describes VW’s rise from “the people’s car” during the Nazi era to one of Germany’s most prestigious and important global brands, touted for being “green.” He paints vivid portraits of Volkswagen chairman Ferdinand Piëch and chief executive Martin Winterkorn, arguing that their unremitting ambition drove employees, working feverishly in pursuit of impossible sales targets, to illegal methods. With unprecedented access to key players and a ringside seat during the course of the legal proceedings, Faster, Higher, Farther reveals how the succeed-at-all-costs culture prevalent in modern boardrooms led to one of corporate history’s farthest-reaching cases of fraud—with potentially devastating consequences. As the future of one of the world’s biggest companies remains uncertain, this is the extraordinary story of Volkswagen’s downfall.

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