Volkswagen — which just recently became the largest automaker in the world — has become embroiled in a scandal that could cost it billions of dollars. The EPA revealed in September that special software in some 11 million diesel-powered vehicles was designed to defeat emissions testing, making the cars seem far cleaner and safer for the environment than they actually were.The scandal has already cost Volkswagen its CEO, and as the investigation spreads to new countries and government agencies, it could have huge implications for the company’s future — and for the auto industry as a whole.
