3. Volkswagen Diesel Engine
This happened in 2015.
The entire automotive industry went into shock when the highly reliable company Volkswagen’s diesel engine failed diesel emission tests.
The scandal came to be known as Diesel Gate. It came to light that, for years, the automotive giant had used software that let its diesel engines cut their emissions so that they met the regulatory standards during tests.
However, in real world, the engines were highly polluting! Their pollution-emitting levels were more than 40 times the US standards.
After effect:
Volkswagen had to recall 11 million of its engines. It had to shell out over $18 billion for legal settlements, recall expenses, and other related costs.