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VW Warns Staff Of Impending 'Massive Cutbacks'

Reuters | Chloe Angyal | Posted 10.06.2015 | Business

WOLFSBURG, Germany, Oct 6 (Reuters) - New Volkswagen Chief Executive Matthias Mueller warned staff on Tuesday to brace for "massive cutbacks" in resp...

Corporate Criminals Cheat Because They Don't Fear Jail Time. That Must Change. Now.

Ian Reifowitz | Posted 10.06.2015 | Politics
Ian Reifowitz

When is someone at General Motors going to go to prison for the lives lost thanks to their cheating? Or Toyota? And although we may not be able to count the bodies today, we know that Volkswagen's cheating harms the environment, and that the dirtier air for which they are responsible will cut lives short.

Big Pharma's Defeat Devices

Christopher Lane | Posted 10.05.2015 | Healthy Living
Christopher Lane

"America's Most Admired Lawbreaker" is required reading for everyone involved in medicine and health care -- not just the millions of people who have taken Risperdal, but every parent concerned about the safety of the medication prescribed off-label for their child or ailing parent.

Volkswagen: Can Its Reputation Recover?

Jose Costa | Posted 10.05.2015 | Business
Jose Costa

A company's reputation is everything. And in today's age, news disseminates so quickly that a solid reputation can be destroyed in minutes. Leadership must guard that reputation and when a crisis emerges, executives need to rethink about priorities and develop a right plan to restore the company's reputation.

VW: Das Auto. Die Lüge. -- The Car. The Lie.

Leilani Münter | Posted 10.05.2015 | Green
Leilani Münter

Time discovers truth, though sometimes it can take years to be discovered. In the case of Volkswagen, who started selling their first emission-test-cheating diesels in 2009, it took six years for the truth to be revealed, and now we all watch in disbelief as a giant in the auto industry comes tumbling down.

REPORT: Cheating On Emissions Tests Was Cheaper Than Fixing VW Engine's Problem

The New York Times | Jade Walker | Posted 10.04.2015 | Business

Volkswagen began installing software devised to cheat on emissions tests in 2008 after realizing that a new diesel engine, developed at great expense...

Weak Slogans Weaken Your Brand

Ira Kalb | Posted 10.04.2015 | Business
Ira Kalb

Slogans that do not help the market understand what companies do or what makes them unique are largely ineffective. Even worse, if they make hard to believe claims, they can cause prospective buyers to not trust the company. Once trust is gone, sales and profits head south.

Rethinking the Board After Volkswagen

Alice Korngold | Posted 10.02.2015 | Business
Alice Korngold

For those who have been thinking that assessing a company's environmental, social, and corporate governance factors (ESG) is simply fluff, heed the lessons of Volkswagen.

John Boehner, Volkswagen and the Role of Government

Sidney Shapiro | Posted 10.01.2015 | Politics
Sidney Shapiro

Those politicians celebrating Boehner's ouster, however, are not interested in debate about what is an appropriate balance; they instead elevate ideology over sensible policy insights. In the meantime, the rest of us are held captive to their ignorance and intransigence.

Volkswagen's Real Victims -- And Who's Really Responsible

Nell Minow | Posted 10.01.2015 | Business
Nell Minow

There is not a person on the planet who will not be affected by this diabolical decision to steal profits by externalizing the costs of environmental destruction onto everyone. Current estimates are as high as a million tons of toxic emissions per year being added to the air we breathe.

Could Electric Cars Save Volkswagen?

Carol Pierson Holding | Posted 10.01.2015 | Green
Carol Pierson Holding

VW made its Beetle wildly successful as "the car of the hippie movement." And ever since, VWs have been to a more or less extent the cars of the counter culture.

Volkswagon: Polluting the American Psyche

Bob Deutsch | Posted 09.30.2015 | Business
Bob Deutsch

The VW emissions charade is not a potential car accident issue, but a more pervasive health issue. With this cover up VW evaporated all the good will it has built over the years.

Big Business Inadvertently Helps Sanders' Campaign

Bernie Shine | Posted 09.30.2015 | Politics
Bernie Shine

We have become accustomed to being taken advantage of by banks, insurance carriers, utility companies, credit card providers, and other giant industries. Two recent news stories have a couple of big businesses taking things to another level.

The Volkswagen Cheating Scandal Reveals the True Nature of Capitalism

Cody Cain | Posted 09.30.2015 | Politics
Cody Cain

This problem will not be fixed by slapping a big fine on Volkswagen. The problem is bigger than that. The problem lies with the system itself. We must decide whether our system should serve the interests of people, or profits. Right now, profits are winning.

Volkswagen Reminds Us Who's in Control of Climate Change

Kelsey Clark | Posted 09.28.2015 | Politics
Kelsey Clark

Volkswagen's recent gaffe reminds us who's ultimately in control of climate change: The industry, not the policymakers over on Capitol Hill.

Volkswagen and the Ying and Yang of Technology

David Sable | Posted 09.28.2015 | Business
David Sable

Today we live in a world of versions and releases and patches and fixes - we have been socialized to accept product failure as the price of entry into great things, and we dutifully plod on waiting for the next release, hoping that they will fix whatever it is that isn't working.

Volkswagen and the Price of Reputation Risk

Dante Disparte | Posted 09.28.2015 | Business
Dante Disparte

While the noxious smog is still spreading over Volkswagen's alleged emission-rigging, questions emerge about how and if the world's largest automaker by volume can regain its footing. Mr. Matthias Mueller, VW's newly appointed CEO, has an unenviable task before him.

The Fish Rots from the Head Down

Otto Scharmer | Posted 10.05.2015 | World
Otto Scharmer

Much has been said about the moral dimension of the VW diesel deception. The company betrayed its customers, the public, and the planet by building "defeat devices" into 11 million of its cars (devices designed to switch off emission controls whenever the car is in normal use).

The Volkswagen Scandal: We Have Been Here Before

Carl Pope | Posted 09.28.2015 | Green
Carl Pope

Now, with clean diesel exposed as an oxymoron, VW has an enormous challenge - how to catch up with arch rivals like Toyota which led on hybrids and electrification, while incurring potential enormous fines and a savaged brand value.

Volkswagen Needs to Adopt 21st Century Sustainability Management

Steven Cohen | Posted 09.28.2015 | Green
Steven Cohen

Volkswagen's deliberate and systematic effort to violate clean air rules is a shameful scandal, but it is also an example of management incompetence. Like BP's inability to manage its drilling contractors in the Gulf of Mexico, it is an example of massive and predictable management failure.

Audi Says 2 Million Cars Affected By Volkswagen Emissions Scandal

Reuters | Alana Horowitz | Posted 09.28.2015 | Business

BERLIN, Sept 28 (Reuters) - Audi said 2.1 million cars worldwide were fitted with the software that allowed parent Volkswagen to cheat U.S. ...

Who by Lying, Who by Cheating, Who by Stealing, and Whom Shall I Say Is Calling?

Alan Briskin | Posted 09.28.2015 | Business
Alan Briskin

Whenever I encounter a systems problem dressed up as individual failing, I look for patterns in the collective situation. In this case, I browsed my library of Fortune magazines running back 30 years. But I didn't need to go back that far.

What Volkswagen -- and All Car Makers -- Must Do Next

Matthew J. Kiernan | Posted 09.27.2015 | Business
Matthew J. Kiernan

Whilst the circumstances behind the internal approval of the emissions software are still unclear, VW's internal management issues have no doubt created an environment where management felt it was preferable to cheat rather than face the prospect of falling sales.

It's Not Just Carmakers Who Cheat

Joel Dreyfuss | Posted 09.26.2015 | Business
Joel Dreyfuss

The news that Volkswagen "cheated" on emissions tests by using software was not a surprise to me. In my day, cheaters were in the minority, but they were a reminders that technologically-driven companies are not necessarily superior in morality, much as they like to proclaim.

Fahrvergnügen: Enjoy the Ride

Michelle Tennant Nicholson | Posted 09.25.2015 | Media
Michelle Tennant Nicholson

Driving enjoyment = Fahrvergnügen. Or does it? When companies get in hot water, it's an instant news hook for the media and public conversations. If you're out to make a difference on a global scale, watch for companies making headlines to infuse your sound bites, stories and stats to influence stories we all share.