Posted on 09/23/2015 8:27:42 AM PDT by Responsibility2nd
BERLIN— Volkswagen AG Chief Executive Martin Winterkorn resigned Wednesday in the wake of a developing emissions scandal that has stunned the auto industry and slashed the car maker’s market value.
“Volkswagen needs a fresh start—also in terms of personnel,” Mr. Winterkorn said. “I am clearing the way for this fresh start with my resignation.”
Mr. Winterkorn said that he accepted responsibility for the irregularities found in diesel engines and has asked the supervisory board to agree to his stepping down. He said, however, that he wasn't aware of any wrongdoing on his part.
(Excerpt) Read more at wsj.com ...
Agree. As I posted in the other thread.
Agreed.
VW needs to spin this story that the EPA is so burdensome to the industry that an EPA mode and a normal consumer mode were needed.
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