Six months into ‘Dieselgate’ scandal, gloom deepens in VW’s hometown

19 Mar 2016   Air Quality, Germany

When Martin Winterkorn dropped by to order some new glasses in the Volkswagen company town of Wolfsburg, he was “visibly dejected”, according to his optician. But the visit wasn’t last September, when Winterkorn had just quit as the German carmaker’s chief, it was this week. Six months into the “Dieselgate” affair surrounding VW, the mood in Wolfsburg – where almost half the population works at its giant car factory or in related businesses – is as gloomy as Winterkorn’s, and shows little sign of recovering. Volkswagen ( VOWG_p.DE ) remains mired in the scandal over its rigging of U.S. exhaust emissions tests, facing a barrage of lawsuits and grappling with a stalled German vehicle recall. With workers fearing for their jobs and the dive in VW’s fortunes hitting Wolfsburg’s municipal finances, few […]

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