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May 4, 2018

05/04/2018: Volkswagen’s former CEO gets charged with fraud

(U.S. Edition) Back in 2015, we learned that Volkswagen rigged its cars to cheat emissions tests. Then-CEO Martin Winterkorn resigned during the fallout of the scandal, and now he’s being charged with fraud by the U.S. Department of Justice. On today’s show, we’ll look at what exactly he’s been charged with and what this means for Volkswagen as a whole. Afterwards, we’ll run down what the U.S. asked for during its trade talks with China this week, and discuss how likely it’ll be that China will agree to these demands. 

The worst-case numbers scenario for Volkswagen makes it responsible for more than 40,000 tons of pollution in America.
The worst-case numbers scenario for Volkswagen makes it responsible for more than 40,000 tons of pollution in America.
Scott Olson/Getty Images

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Segments From This Episode

(U.S. Edition) Back in 2015, we learned that Volkswagen rigged its cars to cheat emissions tests. Then-CEO Martin Winterkorn resigned during the fallout of the scandal, and now he’s being charged with fraud by the U.S. Department of Justice. On today’s show, we’ll look at what exactly he’s been charged with and what this means for Volkswagen as a whole. Afterwards, we’ll run down what the U.S. asked for during its trade talks with China this week, and discuss how likely it’ll be that China will agree to these demands.