Volkswagen Passenger Cars Essay

Volkswagen is one of the largest automakers in the world and it has a global reputation as a high-quality German auto brand. Social responsibility is included in VW’s corporate culture and it seems that Volkswagen made some advances in Corporate Social Responsibility because the corporation was ranked 11th 2015 in the Global CSR Rep Track 100, which listed companies by reputation (Reputation Institute, 2015).However, the company has been threatened by an emission scandal which broke in September 2015, when the Environmental Protection Agency (EPA) disclosed that Volkswagen had installed defeat devices on diesel cars which were sold in the US. These devices equipped on VW cars cheated regulators in such a way that it could detect

Ronald Reagan was a democrat that became president during the Cold War times. Many people reference his presidency but don't know about the ideals and actions he undertook as president. Other than being known as the "Great Communicator", Reagan is also known for other things that will go down in History. One of those is Reaganomics and how it positively affected the economy but sadly tripled the national debt, his foreign policy, and the Iran-contra scandal. Reaganomics was Reagan's economic plan and nowadays it is called trickle down economics.

To begin with, what was Watergate anyway? Watergate was the breaking in of the Democratic National Committee by five men in an attempt to wiretap phones and steal documents

Watergate is one of the most infamous moments in American history. The tapes, the congressional hearings, the lies: no one can forget the unprecedented deceit by a presidential administration. In fact, it is so well-known that the term is often used some forty years later to convey the severity of a modern event. One also often sees the suffix -gate tacked onto a plethora of other nouns by sensationalist media outlets. However, few if any of these comparisons are accurate and justifiable, as contemporary political happenings are far less influential than the Watergate scandal in the scope of American history.

The Iran-Contra affair is one of the largest examples of what occurs when government communication breaks down. Within this communication breakdown, simple negligence over details or issues can create scandals that otherwise would not happen. This rocked the nation in the 1980s and is undoubtedly one of the largest scandals in American history. The Iran-Contra affair consists of two different situations that are linked simply by money.

Loss of reputation and sales; fines for VW → loss of status and being made responsible for the scandal

As a multinational corporation, the implication of the scandal determines the fate of numerous stakeholders both internal and external. Internal stakeholders comprise of the board, managers and employees while external stakeholders subsume shareholders, customers and suppliers. The economic, political and social impacts of the dishonest practices would shape the fate of Volkswagen and affect the future prospects of the automotive industry. Common shareholders whilst not involved in the day to day running of the business placed faith and belief in the firm by providing capital had suffered severe economic loss as share prices (get something for stat). Despite the callous deception in advertising the defeat device displayed no signs of disturbing vehicle performance, however, customers of Volkswagen and its subsidiary vehicles suffer from lower resale value. In addition, even though the scandal was global, European consumers were the most affected with diesel cars accounting for 41% of all European cars (Fontaras, 2016). This high percentage in respect to other nations is a result of incentives provided by the European Union for the purchase of diesel vehicles such as subsidies towards the production process resulting in lower premiums compared to petrol counterparts (Vidal, 2015) In additional with sales falling suppliers of Volkswagen would likely lose future contracts or have current contracts downgraded as less parts are required. Thus, this loss of future

The term “Watergate” has become a common household name in correlation with people's thoughts about corruption in government. President Nixon was in office at the time of this scandal and is often thought to be the most famous face in America's conspiracy of wickedness in the government. The Watergate scandal had rocked everything our country thought we knew about the American Presidency because it had forfeited the common vision of the leader of the nation. Watergate had replaced the image of elegance and worldliness of the U.S. President with a scattered vision of corruption and extreme competitive measures that the country had never been a part of. Richard Nixon and his men had taken

It is not hard to see that the scandal would cause a horrid blow to VW’s image. Until the incident, VW had, like many other German companies, the reputation of “German engineering” (Robertson, 2013). However, instead of using that innovation to develop diesel-fueled cars compliant with U.S. standards, it decided to try to scam its way in the market. Not only did the company admit to having 11 million cars with software intended to cheat tests (Gates, Ewing, Russell & Watkins, 2017), it also plead guilty to “destroying evidence in an elaborate cover-up” (VW Admits Emissions Cheating and Cover-up, 2017); building further distrust among its consumers.

technology project. The BPTO produced weekly status reports and monthly budget reviews helping the company gauge where it was heading towards. Thus the alignment started advancing (Austin, 2007).

Since I was a child, I have always dreamed I could have a car which belongs to me. I still remembered when I was four years old, my parents gave me a remote control car as my birthday gift. After that day I started to fall in love with cars.

I could feel the cold brisk air brushing up against my skin as I ventured through the darkness in this vacant parking lot on a dreary Sunday night in November. I could see a car in the distance and began to approach it. The car appeared to be an old rusted out vehicle with extremely tinted windows that were dark like death. As I looked inside the vehicle I noticed that the car was as clean as a crystal. Not a speck of dust could be found on the interior and the floor mats were completely spotless. It was as if the vehicle had never been driven before. I then put my hand on the door and proceeded to step inside of the vehicle. As I did so I felt a sensation through my whole body that made me tingle. It was an unwelcoming sensation as if I was entering a whole new world. As I sat down there's was a smell, a sheer clean smell similar to that of a fresh load of laundry. Goosebumps came about all over my body as adrenaline rushed through my veins. I put my hands on the steering wheel and my mind took me into another dimension. Taking a glance in the rearview mirror I could see a mysterious person approaching the vehicle. As I examined the person I came to the conclusion that this must be the owner of the vehicle. I noticed they were dressed in all black and carrying what seemed to be a grocery bag of some sort. In panic, I got out of the car and looked at what appeared to be a male figure. The man was very masculine and tall. His mere presence was enough to strike fear into

MERC v/s the BMW: Mercedes-Benz CL-Class 500: Engine Engine Type V-Type Engine Engine Description 5.5L 388bhp V8 Engine Displacement (cc) 5461 No. of Cylinders 8 Maximum Power 388@6,000 (PS@rpm) Maximum Torque 54@2,800-4,800 (kgm@rpm) Valves per Cylinder 4 Valve Configuration DOHC Fuel Supply System SEFI Bore x Stroke 98 x 90.5 mm Compression Ratio 10.7:1 Transmission Transmission Type Automatic Gear box 7 Speed Drive Type RWD Overdrive Yes Suspension System Front Suspension 4-link with antilift control & stabilizer bar Rear Suspension Independent Multi-link with antisquat & antidive system

Volkswagen is a German car manufacturer that has risen to become the second largest player in the motor vehicle industry in the world, behind Toyota. The organization has approximately 590,000 employees that produce 41,000 cars daily (Bowler, 2015). The organization currently owns 12 subsidiaries that have enabled it to have a significant market share around the world (Bowler, 2015). In addition to producing passenger jobs, it produces Audi, Skoda, Bentley, Bugatti, Porsche, Scania, Man and Lamborghini. The organization was championed by Adolf Hitler who wanted to give German’s their first family car. Futhermore, Ivan Hirst, a British army major saved it from destruction since it was expected to be destroyed as part of the war reparations. The significant history of the organization as well as its impact in the world, were undermined by a revelation that it had cheated in emissions tests. The admission followed allegations by the Environmental Protection Agency that some cars sold by the company in the United States of America had devices that could detect when the emission standards of the car were being tested. In response to this detection, the devices then proceeded to implement effective invention measures that produced desirable results.

1) The buyer decision process of traditional Porsche customers relies on the motivations that determine these people to select this brand. Their purchasing decision process is based on the exclusivity of the brand that is connected with the car owner. In their opinion, by purchasing a Porsche, traditional customers purchase the exclusivity and luxury associated with the brand. These customers want to purchase a car that reflects their social status and their financial power. In addition to this, they are not interested in the utility of the car, but in the characteristics that differentiate it from utility cars. These traditional buyers are rather interested in their feeling while driving a Porsche in comparison with the size, price, or fuel economy of the car.