VW to ‘leave no stone unturned’
Following news that Volkswagen AG, parent company of Scania and MAN, has been found to have manipulated the emissions of its cars, the Volkswagen Supervisory Board has said the company will ‘leave no stone unturned in getting to the bottom of this’. The Board claimed it would call those responsible to account and take the necessary actions. Matthias Muller will lead the business going forward as the new CEO of Volkswagen AG. The Board said, ‘He is what the company needs now’.
Deputy Chairman of the Supervisory Board, Berthold Huber, said, ‘The test manipulations are a moral and political disaster for Volkswagen. The unlawful behavior of engineers and technicians involved in engine development shocked Volkswagen just as much as it shocked the public. We can only apologize and ask our customers, the public, the authorities and our investors to give us a chance to make amends.’
Following the announcement of the news of the manipulation of its car emissions, Volkswagen CEO, Martin Winterkorn, retired from his position. He made the following 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.
As CEO I accept responsibility for the irregularities that have been found in diesel engines and have therefore requested the Supervisory Board to agree on terminating my function as CEO of the Volkswagen Group. I am doing this in the interests of the company even though I am not aware of any wrong doing on my part. Volkswagen needs a fresh start – also in terms of personnel. I am clearing the way for this fresh start with my resignation.’
‘I have always been driven by my desire to serve this company, especially our customers and employees. Volkswagen has been, is and will always be my life. The process of clarification and transparency must continue. This is the only way to win back trust. I am convinced that the Volkswagen Group and its team will overcome this grave crisis.’