Due to the extent of the influences and the number of cars involved，the German Volkswagen emissions scandal became one of the most severe cases about emission cheating in history. It trapped the Volkswagen into various kinds of investigations and legal proceedings，who at the same time was confronted with the maintenance and even recall of the vehicles equipped with the 2.0-liter diesel engine and may be faced with fines of billions of dollars. This paper anaylzes both the internal and external factors that led to the Scandal and points out the existing problems such as the misconduct of the leadership of the Volkswagen，the inadequate regulation by the German government and the related authorities，and the possible negligence of the EU although it knew well about this defect. Besides the damages to the finance and reputation of the Volkswagen itself，the scandal may have systematic impacts on the economy of Germany，and negative effects on German brands and Germany’s national image in global governance. In the conclusion，this paper makes a forecast on the prospect of the Emissions Scandal.