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This article was published September 23, 2015 at 18:49.
The last change is the September 23, 2015 at 18:51.
Martin Winterkorn, CEO of Volkswagen, has resigned. “I do it in the interest of the company although, to my knowledge, has not committed any error. Volkswagen needs a new beginning, even the point of view of the people. With the resignation I leave the road. “
Winterkorn pay the scandal of fraud on emissions from diesel engines US, which sees Vw under investigation in the US (likely a supermulta up to 18 billion dollars) and has cost the company on the Stock Exchange 25 billion euro in two sessions.
“I am shocked by what happened in recent days. I can not explain how the Volkswagen group have been able to happen errors of this magnitude, “says the manager in a statement, and continues:” As CEO I take responsibility for the irregularities resulting in diesel engines, and I asked the supervisory board to end my function as CEO. ” Continuing on a more personal note, Winterkorn said: “I have always worked to serve the company, our customers and employees. Volkswagen was and remains my life. ”
In a separate release, the Executive Board (Presidium) of the supervisory board of Volkswagen expressed “great respect” for offering Winterkorn and emphasizes that he “was not aware of the manipulation of the emissions data ». Winterkorn thanked the committee for “his tremendous contributions over the past decades and its willingness to take responsibility in this case.”
The successor to Winterkorn, the statement said, will be chosen at the meeting of the Council surveillance scheduled for Friday. The Committee expects “further consequences of a personal nature in the coming days,” and says that “the internal investigation is continuing at full speed.” Not only that, the company has decided to present its own complaint to the prosecutor in Braunschweig, and “will support in any form his investigations.”
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