W. W. Norton & Company
Faster, Higher, Farther: The Volkswagen Scandal
Key Metrics
- Jack Ewing
- W. W. Norton & Company
- Hardcover
- 9780393254501
- 9.3 X 6.1 X 1.3 inches
- 1.65 pounds
- Business & Economics > Industries - Automobile Industry
- English
Secure TransactionBook Description
In mid-2015, Volkswagen proudly reached its goal of surpassing Toyota as the world's largest automaker. A few months later, the EPA disclosed that Volkswagen had installed software in 11 million cars that deceived emissions-testing mechanisms. By early 2017, VW had settled with American regulators and car owners for $20 billion, with additional lawsuits still looming. In Faster, Higher, Farther, Jack Ewing rips the lid off the conspiracy. He describes VW's rise from the people's car during the Nazi era to one of Germany's most prestigious and important global brands, touted for being green. He paints vivid portraits of Volkswagen chairman Ferdinand Pi�ch and chief executive Martin Winterkorn, arguing that the corporate culture they fostered drove employees, working feverishly in pursuit of impossible sales targets, to illegal methods. Unable to build cars that could meet emissions standards in the United States honestly, engineers were left with no choice but to cheat. Volkswagen then compounded the fraud by spending millions marketing clean diesel, only to have the lie exposed by a handful of researchers on a shoestring budget, resulting in a guilty plea to criminal charges in a landmark Department of Justice case. Faster, Higher, Farther reveals how the succeed-at-all-costs mentality prevalent in modern boardrooms led to one of corporate history's farthest-reaching cases of fraud--with potentially devastating consequences.
Author Bio
Jack Ewing writes about business, banking, economics and monetary policy from Frankfurt, and sometimes helps out on terrorism coverage and other breaking news.
Mr. Ewing joined The International Herald Tribune, now the international edition of The New York Times, in 2010. Previously, he worked for a decade at BusinessWeek magazine in Frankfurt, where he was European regional editor. He first came to Europe in 1993 as a German Marshall Fund journalism fellow in Brussels, and wound up staying permanently.
Mr. Ewing won a New York Times publisher’s award in 2011 for coverage of the European debt crisis. He is the author of “Faster, Higher, Farther: The Volkswagen Scandal,” published in 2017 by W.W. Norton.
Source: The New York Times
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