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Volkswagen live: CEO Martin Winterkorn to 'resign by end of the week' over dieselgate

  • Thread starter Thread starter Wanker
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Wanker

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• CEO Martin Winterkorn rumoured to step down by end of the week
• Shares plummet more than 40pc in just two days
• German car maker has set aside €6.5bn to cover costs
VW has been found to 'cheat' emissions tests on its cars in the US
• VW exec admits ‘we totally screwed up’
• Explained: How has Volkswagen tricked the US over car emissions?
• France calling for a Europe-wide probe into the revelations
• US Justice Department reportedly launching a criminal investigation


https://www.telegraph.co.uk/finance...W-issues-profit-warning-sets-aside-6.5bn.html

 
They purposely cheated on a fake device to pass your emission test. What I quickly heard what happened.
 
They purposely cheated on a fake device to pass your emission test. What I quickly heard what happened.

Exactly. I have owned TDIs for the past 15 years. I just purchased one last month. I have truly enjoyed their diesels, both driving experience and the range between fill ups.
I can't express how disappointed I am with the VW company I am right now.
 
Exactly. I have owned TDIs for the past 15 years. I just purchased one last month. I have truly enjoyed their diesels, both driving experience and the range between fill ups.
I can't express how disappointed I am with the VW company I am right now.

Condolences.
 
The German gov. is digging in on the investigation and doesn't look good.
 
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https://www.thestar.com/business/2015/09/23/volkswagen-owner-feels-betrayed.html

 
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