I’m slow to link to this story about the Volkswagen scandal. So far the best summary I’ve read comes from the New York Times:
Volkswagen’s unbridled ambition is suddenly central to what is shaping up as one of the great corporate scandals of the age. On Tuesday, Volkswagen said it had installed software in 11 million diesel cars that cheated on emissions tests, allowing the vehicles to spew far more deadly pollutants than regulations allowed. About 500,000 of the cars were sold in the United States, including Passats that rolled off the assembly lines in Chattanooga.
Disabling the emissions controls brought major advantages, including much better mileage — a big selling point in Volkswagen’s push to dominate in America.
Truly one of the greatest corporate scandals of our times.