Volkswagen CEO resigns over emissions scandal

Volkswagen CEO Martin Winterkorn announced his resignation yesterday as the company deals with the fallout over revelations that it falsified diesel emissions data.

“Volkswagen needs a fresh start,” Winterkorn said in a statement.
Volkswagen CEO Martin Winterkorn announced his resignation yesterday as the company deals with the fallout over revelations that it falsified diesel emissions data.
“As CEO I accept responsibility for the irregularities that have been found in diesel engines and have therefore requested the Supervisory Board to agree on terminating my function as CEO of the Volkswagen Group,” Winterkorn said in a statement published on the German automaker’s website.


“I am doing this in the interests of the company even though I am not aware of any wrongdoing on my part,” he added.

Winterkorn said he was stunned to have learned that misconduct on such a scale was possible at Volkswagen and that he was “shocked” by the events of the last few days.

“Volkswagen needs a fresh start, also in terms of personnel,” he said.

“I am clearing the way for this fresh start with my resignation.”

Winterkorn said VW must continue the process of ensuring “clarification and transparency”.

“This is the only way to win back trust,” he added.

No replacement for the post of CEO was announced. — AFP/France24.

0 comments :

Post a Comment