scorecardresearch
Follow Us:
Wednesday, December 02, 2020

Volkswagen to replace CEO amid emissions scandal: Reports

Volkswagen used software that deceived regulators measuring toxic emissions and could face penalties of up to $18 billion.

By: Reuters | Frankfurt | September 22, 2015 5:38:43 pm
Volkswagen, Volkswagen emissions crisis, German Volkswagen, Volkswagen emissions test crisis, Volkswagen emissions test, German automaker Volkswagen, German carmaker Volkswagen, world news Volkswagen CEO Martin Winterkorn. (Source: AP)

Volkswagen is to oust Chief Executive Martin Winterkorn after U.S. authorities late last week accused the German carmaker of rigging emissions tests, German daily Tagesspiegel reported, citing supervisory board sources.

Sports car unit Porsche’s CEO Matthias Mueller is to replace Winterkorn, the paper said, adding VW’s supervisory board would decide the management change on Friday.

[related-post]

Volkswagen was not immediately available for comment.

The U.S. Environmental Protection Agency (EPA) said on Friday that Volkswagen used software that deceived regulators measuring toxic emissions and could face penalties of up to $18 billion.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Auto & Travel News, download Indian Express App.

Advertisement
Advertisement
Advertisement
Advertisement