VW’s chief exec resigns amid emissions crisis

The Environmental Protection Agency recently ordered the company to recall roughly half a million vehicles from as early as 2009, because the world’s biggest carmaker deliberately skirted emissions results through installed devices.

On Sunday, Dr. Martin Winterkorn admitted the organization’s wrongdoing and said he was “deeply sorry” to have broken consumers’ trust.

On Tuesday, the crisis grew as Volkswagen revealed that there were emissions discrepancies in 11 million of its diesel vehicles worldwide.

Winterkorn said in a statement that he was “stunned” by the actions of his organization but is convinced the “team will overcome this grave crisis”:

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.