The Cover-Up that Cost Volkswagen $30 Billion

Ғылым және технология

The greatest controversy in VW history. Visit www.masterworks.art/newsthink to invest in iconic artworks with Masterworks. Disclaimer: bit.ly/3XtA7ct
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Thank you to the following for permission to use their material:
2:28 Everyday Reviews • 2014 Volkswagen Passa...
5:06 Mikes Car Info • 👉 2015 Volkswagen Jett...
Select images/video supplied by Alamy.
Sources:
0:03 Video supplied by Volkswagen for editorial use and edited by Newsthink Ltd.
0:22 Volkswagen Golf TDI: Mariordo Mario Roberto Duran Ortiz, CC BY-SA 3.0 creativecommons.org/licenses/... via Wikimedia Commons
5:02 © M 93 / Wikimedia Commons Attribution-ShareAlike 3.0 Germany (CC BY-SA 3.0 DE)
6:51 Ralf Roletschek, GFDL 1.2 www.gnu.org/licenses/old-licen... via Wikimedia Commons
Articles and interviews referenced:
1:13 West Virginia University 2014 study: theicct.org/sites/default/fil...
3:05 Wired interview with Anna Stefanopoulou www.wired.com/2015/09/vw-fool...
4:56 Volkswagen’s campaign of trickery www.nytimes.com/2017/05/06/bu...

Пікірлер: 54

  • @Newsthink
    @Newsthink Жыл бұрын

    *What other videos would you like to see?* Visit masterworks.art/newsthink to invest in iconic artworks with Masterworks. Disclaimer: bit.ly/3XtA7ct

  • @markynio

    @markynio

    Жыл бұрын

    Perhaps a story about Sony BMG copy protection rootkit scandal! thanks Cindy

  • @laralebeu36
    @laralebeu36 Жыл бұрын

    The double standard of talking about the Volkswagen scam and then promoting investing into the art market... smh

  • @lawrencefrost9063

    @lawrencefrost9063

    Жыл бұрын

    No, I do not think it a scam. Scams are designed to rip people off of their money, so far, I personally do not know of any person being 'scammed,' by purchasing masterworks. The art market is an unfair market with gatekeepers and the supply/demand system is artificial and the prices are completely arbitrary but it's not a scam.

  • @derickndossy

    @derickndossy

    Жыл бұрын

    Money is money

  • @670ramy

    @670ramy

    11 ай бұрын

    I don't get it, what's is the problem?

  • @laralebeu36

    @laralebeu36

    11 ай бұрын

    @@670ramy The art market is artificially inflated. kzread.info/dash/bejne/dqtpzc-eZbTFidI.html

  • @AzazelBathory
    @AzazelBathory Жыл бұрын

    Even though that’s messed up, it’s pretty funny that they actually had multiple people give the okay to install the software to make the car act different when being tested

  • @lanzer22
    @lanzer22 Жыл бұрын

    The scary thing was that WV weren't the only one with emission scams. Fiat Chrysler, Jeep, Opel, Nissan, Renault, Mercedes, Audi, Porsche, and BMW all were charged and fined for similar actions.

  • @boldoberan

    @boldoberan

    Жыл бұрын

    It was said that other companies tried to cheat the tests, but to a lesser extent

  • @Rudra_Singh_Bhardwaj
    @Rudra_Singh_Bhardwaj Жыл бұрын

    Surprising that a billion dollar company can do such a thing

  • @laralebeu36

    @laralebeu36

    Жыл бұрын

    Makes one wonder what other trusted companies do the same.

  • @lanzer22

    @lanzer22

    Жыл бұрын

    It's kind of the opposite for many industries. Once you get big, you cheat in whatever way you can because you can no longer lead through innovation. Buying up politicians is standard practice. Most of the large banks and investment firms are even bigger, and are involved in much worse practices.

  • @Rudra_Singh_Bhardwaj

    @Rudra_Singh_Bhardwaj

    Жыл бұрын

    @@laralebeu36 ikr like what Nestle did

  • @laralebeu36

    @laralebeu36

    Жыл бұрын

    @@Rudra_Singh_Bhardwaj Wait, Nestle??? ;)

  • @alsadekalkhayer7007
    @alsadekalkhayer7007 Жыл бұрын

    Woah! And that level of intended fraud went unpunished...

  • @armel2467
    @armel2467 Жыл бұрын

    I thought this is about the pregnant lady getting hit and the missing kid that VW refused to help because of the owner wasn't subscribed to their $150/year location capabilities. Turns out it's something more.

  • @labrathor7874
    @labrathor7874 Жыл бұрын

    Volkswagen is far more honest and credible than Masterworks 😂🤦🤡

  • @egj1975
    @egj1975 Жыл бұрын

    If VW's are polluting 40 times the legal limit.... than how can a big old american truck with a large diesel engine be allowed on the road ??

  • @collectorguy3919
    @collectorguy3919 Жыл бұрын

    People in the future will ask "Why didn't someone or AI find the cheat in the source code?". They'll be stunned when the answer is that source code was kept secret, and people had no idea what their devices were really doing.

  • @lawrencefrost9063
    @lawrencefrost9063 Жыл бұрын

    I gotta say 30 billions is quite the sum...especially compared to the damages big pharma and tobacco have had to pay. The harm of what they did compared to this is beyond imagination.

  • @MeAndMyRoyalEnfield
    @MeAndMyRoyalEnfield Жыл бұрын

    WOW, I did not know it was so blatant! Thank you.

  • @secondchannel1705
    @secondchannel1705 Жыл бұрын

    Make a video on “nasa 1986 challenger explosion”

  • @andred.4664
    @andred.4664 Жыл бұрын

    Please, stop deceiving people by making this Masterworks propaganda. This is a very opaque company with questionable results.

  • @albertgrill
    @albertgrill Жыл бұрын

    please make an deep analyzing video about new rising tech companies in isreal

  • @sanbetski
    @sanbetski Жыл бұрын

    8:05 oh dang gurl. you lost credibility and respect the moment to started shilling masterworks sponsorship. SHAME ON YOU!

  • @Resul_ozkaya

    @Resul_ozkaya

    Жыл бұрын

    Why? What's wrong in promoting Masterworks?

  • @sanbetski

    @sanbetski

    Жыл бұрын

    @@Resul_ozkaya its a scam worst than crypto

  • @Resul_ozkaya

    @Resul_ozkaya

    Жыл бұрын

    @@sanbetski are there any videos regarding exposing this scam? I wanna dive deeper

  • @sanbetski

    @sanbetski

    Жыл бұрын

    @@Resul_ozkaya start here kzread.info/dash/bejne/o5Wsr6RmYLzVe7w.html

  • @JJs_playground
    @JJs_playground Жыл бұрын

    I'm glad VW got slapped with such a hefty fine. And something kinda good came from this fiasco. It forced VW to create the electrify america.

  • @HoTrEtArDeDcHiXx
    @HoTrEtArDeDcHiXx Жыл бұрын

    Off the charts registered somewhere. But that's all

  • @davidb4509
    @davidb4509 Жыл бұрын

    Dang. It’s sad they intentionally, willfully chose to deceive the world.

  • @egj1975

    @egj1975

    Жыл бұрын

    At the same time the American fleet is extremely polluting with their V8's and oversized cars... and nobody does anything about that. VW just does the same thing as most big companies... they hide the truth about their environmental pollution and deceive the world.

  • @daniels.2720

    @daniels.2720

    Жыл бұрын

    + They were the only ones that got caught !!

  • @Fan_of_Ado
    @Fan_of_Ado Жыл бұрын

    Like the video but not the sponsor

  • @polyaplus
    @polyaplus Жыл бұрын

    you do not realise how much a billion is until it is written in numbers. $30 000 000 000.00

  • @davidhendon6399
    @davidhendon6399 Жыл бұрын

    Let's include bosh for writing the program for the cheats .

  • @mavericknehrig9350
    @mavericknehrig9350 Жыл бұрын

    Bruder ich hab nie diesen Parfum film gefahren, aber will mir grad direkt ein paar smells coppen... Fühle mich gerade so dumm erleuchtet und dass es mich richtig boosten wird einen geilen Duft zu tragen... Kp... Aber eh Grad broke wegen Urlaub. Vielleicht dannach

  • @10secondsrule
    @10secondsrule Жыл бұрын

    And that’s why I’ll not buy a vw car.

  • @thephelddagrif2907
    @thephelddagrif2907 Жыл бұрын

    Masterworks🤣🤡🤡🤡

  • @petarpetrovic2060
    @petarpetrovic2060 Жыл бұрын

    EVERYBODY DID IT, SO I DONT FIND ONLY VW GUILTY

  • @B21_raider
    @B21_raider Жыл бұрын

    Masterworks is the next big scam

  • @nasaman23
    @nasaman23 Жыл бұрын

    1st!!

  • @sanbetski

    @sanbetski

    Жыл бұрын

    Grow up

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