Volkswagen CEO Steps Down Amid Emissions Scandal

Tech Alert Volkswagen CEO is stepping down in the wake of the recent emissions scandal. He will reportedly be replaced by the CEO of Porsche. That’s right! The Justice...

Tech Alert

Volkswagen CEO is stepping down in the wake of the recent emissions scandal. He will reportedly be replaced by the CEO of Porsche.

That’s right! The Justice Department wants to file a criminal investigation into whether or not Volkswagen cheated on emissions standards.

Volkswagen CEO apologized for breaking customers trust but stopped short of admitting wrong doing. After this companies stock took a tumble to a fifth of its public stock value in trading yesterday!