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Leonardo DiCaprio jumps on Volkswagen scandal

Leonardo DiCaprio arrives at the Oscars at the

Leonardo DiCaprio arrives at the Oscars at the Dolby Theatre in Los Angeles on March 2, 2014. Credit: AP / Jordan Strauss

Even as the German automaker is struggling through a potentially multibillion-dollar scandal, Leonardo DiCaprio is working on a movie about it, according to The Hollywood Reporter.

The actor's Appian Way production company has teamed up with Paramount to acquire the rights to a book proposal by New York Times reporter Jack Ewing.

The book reportedly plans to show how Volkswagen's "more, better, faster" mandate led the carmaker to perpetrate blatant fraud on a massive scale. Volkswagen rigged hundreds of thousands of cars to pass U.S. emissions tests, then sold them to consumers with emissions rates up to 40 times higher than permitted. The scandal badly damaged the car company's reputation and led to the resignation of Volkswagen CEO Martin Winterkorn.

On Sept. 18, President Barack Obama ordered Volkswagen to pull 482,000 of its cars off American roads. The company, which admitted that problems may exist in 11 million cars worldwide, has set aside some $7.5 billion to fix the problem. At least two U.S. congressmen have suggested fining the company up to $18 billion. According to CNN Money, Credit Suisse bank has estimated the scandal could end up costing Volkswagen a near-inconceivable $87 billion.

No word yet on what role, if any, Di Caprio might play in the film.


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