Thursday, September 24, 2015

Volkswagen chief executive quits over pollution cheating scandal

The German car manufacturer Volkswagen chief executive Martin Winterkorn has reportedly resigned Wednesday over a pollution cheating scandal. 

The scandal has sparked a US criminal investigation and worldwide legal action with unfathomable financial consequences for the auto giant.

"I am shocked by the events of the past few days. Above all, I am stunned that misconduct on such a scale was possible in the Volkswagen Group,"Winterkorn said in a statement issued by the carmaker.

According to the US authorities, VW has admitted that it equipped about 482,000 cars in the United States with sophisticated software that covertly turns off pollution controls when the car is being driven.

While France, Britain and other nations have called for a Europe-wide investigation, the United Nations has described the revelations as "extremely troubling."

Source | Photo Source
If you like Imposing Headlines, please follow us on Facebook


Post a Comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More

Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Web Hosting Bluehost