At Volkswagen, a Scandal Where Executives Could Pay the Price

At the Detroit Auto Show last week, Volkswagen hoped to escape the present with a nod to the past, introducing a revamped version of its iconic flat-faced, boxy Microbus, the vehicle that shepherded the counterculture across the interstates some five decades ago. The bus's reincarnation is a battery-propelled, self-driving vehicle called ID Buzz. But nostalgic wing-vent windows and chrome trim could not distract from the company's current predicament. Barely had the auto show kicked off when the Justice Department announced that VW had pleaded guilty to criminal and civil charges related to its efforts to cheat on U.S. emissions standards. The company agreed to pay $4.3 billion in penalties, the largest fine ever levied by the U.S. government on an auto company, dwarfing both Toyota's $1.2-billion settlement for vehicle-safety problems involving unintended acceleration and GM's nine-hundred-million-dollar settlement for ignition-switch defects.