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VW ex-boss target of criminal probe by German prosecutors

Business Sep 29, 2015

VW ex-boss target of criminal probe by German prosecutors

German prosecutors on Monday opened an investigation against former Volkswagen CEO Martin Winterkorn to establish what his role was in the emissions-rigging scandal that has shaken the world's largest automaker. The investigation will concentrate on the suspicion of fraud committed through the sale of vehicles ...

Volkswagen CEO resigns over diesel scandal

Business / Corporate Sep 24, 2015

Volkswagen CEO resigns over diesel scandal

Volkswagen CEO Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker's rigging of U.S. emissions tests in the biggest scandal in its 78-year history. "Volkswagen needs a fresh start — also in terms of personnel. I am clearing the way for this fresh ...