Wednesday, 23 September 2015

Volkswagen CEO Martin Winterkorn quits over diesel emissions scandal

Volkswagen CEO Martin Winterkorn quits over diesel emissions scandal

Volkswagen has announced the resignation of its chief executive, Martin Winterkorn, and said the fallout from the diesel emissions test scandal would result in further executive scalps and a likely criminal investigation in Germany. Winterkorn said on Wednesday he took full responsibility for the scandal, in which the company admitted that 11m cars were installed with a defeat device that reduced emissions under test conditions only, but he denied personal wrongdoing.
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