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U.S. Monitor Calls VW’s Post-Scandal Reforms “Unsatisfactory”
Volkswagen AG’s attempts to change its culture after its $25 billion diesel emission cheating scandal have been lackluster, according to a U.S. monitor assigned to oversee the company’s activities.
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Volkswagen AG’s attempts to change its culture after its $25 billion diesel emission cheating scandal have been lackluster, according to a U.S. monitor assigned to oversee the company’s activities.
Former U.S. Deputy Attorney General Larry Thompson reports that VW’s efforts to date have failed to hold upper level executives accountable or cause a “true cultural change” at the company, Bild am Sonntag reports.
As part of a $14.7 billion settlement in the U.S., VW agreed to allow a monitoring team led by Thompson to track its compliance for at least three years. The group began its work in August and made its first report to the U.S. Dept. of Justice this month.
Bild says new VW CEO Herbert Diess has used the report to urge the company in an internal memo to become “more honest, more open, more truthful—and a bit more ‘upstanding.’”
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