Volkswagen CEO announce's he's resigning amid scandal

Published October 10, 2016

Volkswagen CEO Martin Winterkorn says he is stepping down "in the interests of the company" as it grapples with the emissions scandal.

Wintekorn said in a statement Wednesday that "Volkswagen needs a fresh start -- also in terms of personnel. I am clearing the way for this fresh start with my resignation."

He said he was acting in the interests of the company "even though I am not aware of any wrongdoing on my part."

A successor was not immediately announced.

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https://www.foxnews.com/auto/volkswagen-ceo-announces-hes-resigning-amid-scandal