(WASHINGTON) — Volkswagen’s top U.S. executive is stepping down amid the company’s ongoing emissions cheating scandal, the company announced Wednesday. U.S. President and CEO Michael Horn is leaving “to pursue other opportunities effective immediately,” the automaker said in a statement. He had been with the German auto maker for 25 years, assuming his most recent post in 2014.
Screenshot via VWAn ad for Volkswagen’s lineup of diesel vehicles It’s been more than five months since the U.S. Environmental Protection Agency (EPA) announced Volkswagen’s use of illegal “defeat device” software in diesel cars in mid-September. But Volkswagen appears no closer to beginning a recall of the affected cars–leaving owners of almost 600,000 diesel vehicles deeply frustrated. And …
And now, for its most expensive act: Volkswagen might buy back some of the 575,000 cars affected by Dieselgate in the United States. Robert Giuffra, a lawyer defending Volkswagen against class-action suits, indicated during a court hearing at the U.S. District Court in San Francisco last week that if the German automaker is unable repair some of its diesel models in a timely manner, it might …