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VW chief quits as cheating scandal snowballs

Volkswagen chief executive Martin Winterkorn has headed the German auto giant since 2007Volkswagen chief executive Martin Winterkorn resigned Wednesday over a pollution cheating scandal that has sparked a US criminal investigation and worldwide legal action with unfathomable financial consequences for the auto giant. Above all, I am stunned that misconduct on such a scale was possible in the Volkswagen Group,”Winterkorn said in a statement issued by the carmaker. “Volkswagen needs a fresh start — also in terms of personnel.

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