28 Sep '15, 4pm

Ex-VW CEO Winterkorn Is Subject Of Criminal Investigation

Ex-VW CEO Winterkorn Is Subject Of Criminal Investigation

Resigning just last week as the biggest casualty of the Volkswagen emissions cheating scandal, now-former CEO Martin Winterkorn is facing possible criminal charges. Prosecutors in Germany have announced they have opened a criminal probe into the actions of Winterkorn, who said he had no knowledge that his company installed defeat devices into its cars to cheat on emissions tests. The Braunschweig, Germany-based prosecutors said the investigation is regarding accusations of fraud regarding the sale of over 11 million vehicles that VW has admitted were equipped with the defeat devices. Winterkorn resigned his position as the head of the world’s largest automaker on Sept. 23 stating: “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. As CEO I accept responsibility for the irregulariti...

Full article: http://www.hybridcars.com/ex-vw-ceo-winterkorn-is-subject...

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