
Volkswagen AG has accepted the resignation of Martin Winterkorn, its chief executive, who released a statement saying he was shocked and stunned by the revelation that the company's diesel vehicles included software to evade emissions standards.
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Volkswagen's chief executive said the company is "deeply sorry" and plans to fully cooperate with the U.S. Environmental Protection Agency in its investigation of the automaker's use of software to get around federal emissions regulations.
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Audi and Volkswagen four-cylinder diesels used software to circumvent federal emissions standards, the U.S. Environmental Protection Agency has alleged.
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