Items tagged with martin winterkorn

Well, that didn’t take long. Less than a week after a wide-ranging emissions cheating scandal broke involving diesel-engine cars sold in the United States, Martin Winterkorn has announced that he is stepping down from his post as Volkswagen CEO. Although we have a feeling that Winterkorn was kicked out the door with a well-shined wingtip, we’ll just follow the party line that he “resigned.” Earlier this week, Winterkorn attempted to put a brave face on the serious situation, stating, “I personally am deeply sorry that we have broken the trust of our customers and the public. We will cooperate fully with the responsible agencies, with transparency and urgency, to clearly, openly, and completely... Read more...