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Volkswagen: CEO Winterkorn resigns

The CEO of the German group has finally announced his expected resignation after the explosion of the scandal linked to the falsification of emissions tests – Title recovers on the Stock Exchange.

Volkswagen: CEO Winterkorn resigns

Martin Winterkorn he is no longer the CEO of Volskwagen. The manager of the German group has finally announced his expected resignation after the explosion of the scandal linked to the falsification of emissions tests. However, the temperature remains very high around the case: Berlin denies having been aware of violations of the rules, while the whole world continues to express concern about the incident and promises to take the necessary countermeasures. 

In the meantime, however, Winterkorn's departure from the scene gives the title a little respite Volkswagen, which in the last two days of trading on the Frankfurt Stock Exchange burned almost 25 billion euros of capitalization. In the morning, the shares of the Wolfsburg house had further fallen to around 105 euros, but now they are trying to reverse the trend and around 17 pm they are recovering ground, gaining about 8%.

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