Volkswagen CEO Resigns: 'Stunned' By Misconduct
Volkswagen CEO Martin Winterkorn announced he is resigning amid the company's EPA scandal, which involves millions of vehicles worldwide.By Ryan Biek, Kate Grumke | September 23, 2015
Volkswagen's CEO Martin Winterkorn has announced he will resign.
This comes after the company admitted on Friday to cheating for years on the Environmental Protection Agency's air pollution tests.
Winterkorn said in a statement: "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."