Volkswagen diesel scandal: 10 key dates

The fallout stemming from Volkswagen admitting cheating on diesel emissions tests became global news just a few short months ago, but the scandal has roots dating back several years. Read on for a timeline of what happened. 

5. Sept. 21, 2015

Reuters/File
Volkswagen CEO Matthias Mueller poses next to an Electro-Golf police vehicle during a tour of the VW factory in Wolfsburg, Germany October 21, 2015.

Sept. 21, 2015: As the fallout from the cheating scandal worsens, Volkswagen stock takes a dive. Shares plunge 20 percent, or one-fifth of the automaker's total value, in a single day.

"No question that this is a big problem for Volkswagen and could lead to CEO Martin Winterkorn losing his job after all," Christian Stadler, a professor at Warwick Business School, tells CNN Money.

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Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

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But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

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We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

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