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When it comes to a relatively new CEO, I'm not so sure about that. GM didn't require Mary Barra's resignation over the ignition switch scandal, for example. (Th
by Scramblejams 11y ago
When it comes to a relatively new CEO, I'm not so sure about that. GM didn't require Mary Barra's resignation over the ignition switch scandal, for example. (Though admittedly that one was smaller than VW's.)
Edit: Winterkorn took over as chairman of the supervisory board of VW in April, but as petewailes pointed out, he's been CEO since 2007, so his resignation makes more sense.
- JoeAltmaier 11y agoIs it the difference between deliberate/undefendable and simple cost savings? I'm not very familiar with the switch issue.
- mzs 11y agoThe cost between GM and VW here is two orders of magnitude, the stock did not drop by a third, and the EPA and CARB were not involved.