If you’ve been paying any attention to automotive news this year, you will know about the Volkswagen emissions scandal. Numerous news outlets have been reporting on the case, which involves millions of cars the world over – both diesel and petrol – and has not only caused former CEO and chair of Audi Martin Winterkorn to step down, but the company to report a loss for the first time in years.
We’ll get to the specifics of the story in a moment, and why you should pay attention, but first let’s put the whole thing into perspective.