Business

The Long Rise and Rapid Fall of Volkswagen

Volkswagen’s emissions cheating is one of the biggest corporate scandals in history. The revelation cost the German automaker more than $22 billion in market value, prompted its CEO Martin Winterkorn to step down and left the company scrambling to fix 11 million cars. How did decades of growth and success squeeze Volkswagen onto such a dangerous path? Bloomberg’s Kyle Stock takes a look at the long rise and rapid fall of an automotive empire.

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