October 09, 2015 Issue

Jelah, Bosnia and Herzegovina—A man walks past Volkswagen TDI diesel engines in a warehouse on September 26. Martin Winterkorn, the CEO of Volkswagen Group, resigned September 23, after the German automaker was found cheating on emissions inspections with software that lowered its diesel models’ pollution only during official testing. A joint study from the University of West Virginia and the International Council on Clean Transportation uncovered the offending software; the news sent VW shares plummeting as the world’s largest automaker faces potential U.S. fines of up to $18 billion for the 482,000 affected cars in the United States.