The famous vehicle company intentionally falsified diesel-powered cars in ordered to cheat and deceive the regulators.
At first, Volkswagen denied, however the truth surfaced later and it resulted in the biggest case of corporate fraud in history. The scandal led to criminal charges, lots of fines, dismissals and a tarnished name.
Which one surprised you the most?
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3 thoughts on “6 Decisions That Destroyed Successful Companies”
You should add Verizon and Disney to the list of politically incorrect companies that will fall soon
This is a great article. It really proves honesty is the best policy. The common thread for these companies failing was greed .
Motorola and Kodak sniffed around a digital segment merger but neither “Legend in Their Own Mind” could make it happen. A tragic U.S. missed opportunity