Wednesday 23 September 2015

Volkswagen Group CEO resigned

Martin Winterkorn resigns as chief executive of Europe's largest automobile maker Volkswagen.

"I am shocked by what has happened in the past few days. I am especially stunned that offenses of this scope within the Volkswagen Group were possible," it says in a statement Winterkorn.

''As CEO, I take responsibility for the irregularities became known in diesel engines. I therefore ask the Supervisory Board to make an agreement to end my role as CEO of the Volkswagen Group''.

"I am doing this in the interests of the company, although I am not aware of any misbehavior" said Winterkorn.

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