More than five years after the start of the international “Dieselgate” scandal badly damaged Volkswagen’s reputation, the United Nations Global Compact agreed to reinstate the company as a participant in its environmental protection efforts.
The compact dropped the automaker in 2015 as dieselgate gained momentum, raising serious questions about the company’s management and practices.
The scandal has cost the Volkswagen Group more than $30 billion. It became a major inflection point for the global auto industry as it began to move towards electrification.
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