Monday Oct 5, 2015
The latest stakeholder fall out in the VW scandal is the town of Wolfsburg, Germany. this is home to VW production and some 2,000 suppliers for the company. It is a company town highly dependent on VW production output. Needless to say it is bracing for a slowdown.
Recall that departing VW CEO claims he did not know anything about the emissions defeating software.But it seems two of his top aides and engineers may be at the center of the fraud. After setting overly ambitious sales targets apparently an anything goes atmosphere prevailed in meeting or side stepping standards.This is so often the case in ethical failures.
No doubt this case will be a centerpiece of our ethics class in the spring.
Professor Elam 
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