VW CEO Resigns Amid Emissions Scandal
In the wake of the tremendous debacle concerning Volkswagen cars sold since 2008, today its CEO resigned – or some say forced out – for his mishandling of the situation. VW’s global CEO Martin Winterkorn, an engineer, told the press that he had no knowledge of the diesel engine dupe, but apologized to the public and accepted responsibility after the U.S. Environmental Protection Agency (EPA) discovered the fraud that appears to have been intentional. The…