The news has just been getting worse for Volkswagen following the September announcement of a EPA probe finding that millions of the German automaker’s vehicles contained illegal software designed to circumvent air emissions standards. Millions of cars will need to be recalled, CEO Martin Winterkorn has resigned, at least 10 senior executives have reportedly been suspended and the firm stands to lose millions in financial damages — in addition to the harder-to-quantify cost of a severely tarnished public image. Wharton management professor John Paul MacDuffie recently appeared on the Knowledge at Wharton radio show to discuss the fallout from the Volkswagen crisis. The Knowledge at Wharton show airs 10 a.m.-12 p.m. Eastern time Monday-Friday on Wharton Business Radio on SiriusXM channel 111. “I don’t know of anything quite like it,” MacDuffie said on the show. “The other recalls in the auto industry have been much more safety [related] kinds of violations….…