Volkswagen's diesel emissions scandal forced the automaker to rethink its future more swiftly and decisively than a company of its size normally would.
And with the prospects for diesel-powered vehicles more uncertain than ever, VW has begun a heavy push toward electrification, promising to bring out hybrid or battery-powered versions of all 300 of its models by 2030 and invest $84 billion in the technology. About $60 billion of that will be for batteries.
"A company like Volkswagen must lead, not follow," CEO Matthias Mueller said in September at an event tied to the Frankfurt auto show. "We have got the message and we will deliver. This is not some vague declaration of intent. The transformation in our industry is unstoppable. And we will lead that transformation."