Volkswagen CEO resigns amid emissions scandal

By The Wall Street Journal

Sep 23, 2015

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.”

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