Under pressure Volkswagen Group CEO Martin Winterkorn has today announced his resignation. His resignation follows a turbulent few days for Volkswagen which has been rocked by revelations that it rigged diesel emission tests in the US.
VW Group CEO Martin Winterkorn resigned his post, taking responsibility for the automaker's rigging of U.S. diesel emissions tests.
Less than four days after the U.S.
Volkswagen CEO Martin Winterkorn resigned today, taking responsibility for the company's rigging of U.S. diesel emissions tests, a scandal that has widened in recent days, slashed the automaker's market value and rocked the auto industry.
Volkswagen Group's outing as an emissions test cheat in the U.S. has cast an unflattering light on regulatory failings closer to home, adding momentum to a push underway to close gaping European loopholes.
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VW's isolation increased as European governments condemned its rigging of emissions test results and prosecutors in the automaker's home state launched a preliminary investigation.
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At the VW of Oakland dealership in California, the German company's "clean diesel-" powered cars were a big hit with eco-friendly customers.
Nowhere is Volkswagen AG's widening emissions scandal being felt more acutely than in Wolfsburg, the ultimate company town in Germany.
The Canadian government is pledging unspecified 'enforcement action' if Volkswagen cars sold in the country used pollution-masking technology.
Daniel Carder, an unassuming engineer from West Virginia, said he and his research team publicly presented their findings about Volkswagen's diesel emission discrepancies about a year ago. VW officials questioned them at the time.
Volkswagen AG has hired the U.S. law firm Kirkland and Ellis LLP to help it deal with the widening scandal over the carmaker's faked pollution controls, according to a company spokeswoman.
Germany's transport ministry denied that it had known about the technology Volkswagen used to cheat emissions tests despite acknowledging only months ago that it knew of a gap between test and on-road emissions.
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European politicians voted to speed up rules to tighten compliance with pollution limits on cars, adding to pressure for reform after U.S. regulators caught Volkswagen Group rigging the performance of vehicles in tests.
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