Volkswagen was caught cheating on emissions tests by installing software on 11 million diesel vehicles worldwide that could detect test scenarios and reduce emissions output only during testing. The scandal was exposed when independent tests found the vehicles emitted nitrogen oxide pollutants up to 40 times the legal limit. VW faces fines up to $18 billion and has set aside $7.3 billion for recalls and costs. The new CEO plans to regain trust by leaving "no stone unturned" through investigations, leadership changes, emissions fixes, and a renewed focus on green technologies.