In the first of a two part series, Professor Dellinger interviews Björn Fasterling regarding the scandal that has rocked Volkswagen in what is now being called “Dieselgate”.
Björn Fasterling is professor of law and the head of the law faculty at EDHEC Business School (Lille & Nice, France). His research and publications focus on ethics and compliance management in companies, and more recently on business and human rights. Prior to joining EDHEC, professor Fasterling practised as a German lawyer in the Berlin office of the Washington DC based law firm WilmerHale.
Update: After completing the two interviews on the VW “dieselgate” scandal, VW announced plans to launch 30 all-electric models to reposition itself as a leader in “green” transport. Matthias Mueller, chief executive of VW, said huge investments would be needed as the firm moves beyond the “dieselgate” scandal. Mr. Mueller hopes that by 2025, all-electric cars would account for about 20-25% of the German carmaker’s annual sales.
Volkswagen has also agreed to take a series of steps costing about $10.2 billion to settle claims from its unprecedented diesel emissions cheating scandal in the U.S.