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September 2015

Volkswagen – a case of tragically misdirected ingenuity

An environmental scandal saw the world’s biggest car maker yesterday lose a third of its sharemarket value – 25 billion (not million, as I earlier wrote!) euros – an eye-opener for any companies still sceptical about how consumers rate both honesty and the environment. While shares have rebounded slightly following¬†chief executive Martin Winterkorn’s resignation, the cost to the company will continue to add up, as fines and consumer resistance start …Read More