Wednesday 23 September 2015

Volkswagen CEO, Martin Winterkon Quits

Volkswagen CEO Martin Winterkorn has resigned amid the emissions scandal engulfing the German carmaker.

Mr Winterkorn announced his resignation to the stock market, saying he had made the decision for the good of the company.

He said he was "shocked" at the scandal.

"I am doing this in the interests of the company even though I am not aware of any wrong doing on my part," he said in a statement.

"Volkswagen needs a fresh start - also in terms of personnel. I am clearing the way for this fresh start with my resignation."

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