The "Titanic" and "The Wolf of Wall Street" star, Leonardo DiCaprio, and Paramount Pictures Corporation seems to have joined hands to make a movie on the Volkswagen emissions scandal that shook not only the US but also the international market.

A report in The Hollywood Reporter explains that Paramount and Leonardo DiCaprio-owned Appian Way Production Company have acquired the rights to a book proposal by New York Times journalist Jack Ewing.

Ewing's yet-to-be-written untitled book plans to investigate how a "more, better, faster" culture motored one of the biggest frauds in corporate history.

It is not surprising that the 40-year-old "Django Unchained" actor -- a committed environmentalist -- is planning on making a movie on the scam that has polluted the environment.

Volkswagen, the world's largest automaker by sales, has fallen into deep trouble when the US EPA said VW intentionally violated the Clean Air Act by using sophisticated software in its diesel-powered cars that test emissions.

The software switches on all the emission control systems of a vehicle while the test is going on, and switches off in real-world driving conditions, resulting in emission levels of up to 40 times over the permitted limits.

The scandal has severely hampered the Wolfsburg-based company's reputation and led to the resignation of CEO Martin Winterkorn.

The proposed movie will be produced by DiCaprio and Jennifer Davisson Killoran through Appian Way. When the news about the movie spread on social media on 13 October (Tuesday), the platforms were filled with tweets and posts. A user also suggested a name for the upcoming movie -- "The Wolf of Wolfsburg".