News for ' Martin Winterkorn'

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Volkswagen ex-CEO Winterkorn to quit remaining posts

Martin Winterkorn, the former boss of Volkswagen  who quit last month, will step down from his remaining posts related to the company, the Sueddeutsche Zeitung newspaper and TV stations NDR...

Volkswagen needs more than just a new CEO

It isn't yet clear whether Martin Winterkorn knew about the "defeat devices" in certain U.S. cars, notes Olaf Storbeck. Image: Martin Winterkorn, CEO, Volkswagen. Photograph: Reuters  ...

Volkswagen to start firings over emissions scandal, say sources

Volkswagen will start firing people responsible for rigging US emissions tests and shake up management on Friday, two sources familiar with the plans said, as the German carmaker tries to get to...

Volkswagen crisis shows no sign of dying down, Winterkorn to face probe

The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales and more costly regulations, and customers furious that Volkswagen has not given more details...

Volkswagen could use bank-style clawback of CEO pay

Ideally, Winterkorn should shoulder his share of the financial pain. That would involve his employer clawing back some or all of his bonuses, akin to what banks have promised to do in the wake of...