Volkswagen CEO Martin Winterkorn resigned last 23 September, a few days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure.
No replacement was announced by the officials (above, supervisory board member Wolfgang Porsche, acting supervisory board head Berthold Huber, and Stephan Weil, governor of Lower Saxony), and VW still has no easy exit from a scandal that has suddenly dented a reputation for trustworthiness that took decades to build. The smog-test trickery has wiped out billions in VW's market value and raised the specter of criminal investigations and billions more in fines.
Winterkorn took responsibility for the "irregularities" found by U.S. inspectors in VW's diesel engines, but insisted he had personally done nothing wrong.
"I am doing this in the interests of the company even though I am not aware of any wrongdoing on my part," his statement said. "Volkswagen needs a fresh start ... I am clearing the way for this fresh start with my resignation."
No replacement was announced by the officials (above, supervisory board member Wolfgang Porsche, acting supervisory board head Berthold Huber, and Stephan Weil, governor of Lower Saxony), and VW still has no easy exit from a scandal that has suddenly dented a reputation for trustworthiness that took decades to build. The smog-test trickery has wiped out billions in VW's market value and raised the specter of criminal investigations and billions more in fines.
Winterkorn took responsibility for the "irregularities" found by U.S. inspectors in VW's diesel engines, but insisted he had personally done nothing wrong.
"I am doing this in the interests of the company even though I am not aware of any wrongdoing on my part," his statement said. "Volkswagen needs a fresh start ... I am clearing the way for this fresh start with my resignation."
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