martin wintercorn has offered to step aside. we've accepted his recognition. dr. wintercorn has no further knowledge of the manipulation of the emission. he wants to give a clear signal, he's something we respect and value highly. >> he had been with them for more than 20 years. after achieving a doctorate, he started as an engineer. he moved swiftly through the ranks, after joining in 1993, and was credited for getting the beetle into production. he wanted vw to be the world's largest company. in 2015, they overtook toyota in global vehicle sales. >>> rob is here with more on that resignation. >> the executives who spoke to the press from the board said they do not know who is responsible for these emission test cheating, the software that was put into the cars to defeat the emissions testing over 11 million vehicles. so, martin wintercorn, the former head of the company, stressed in a statement that he didn't know anything about it. it begs the question exactly who did it because this was not something that was done, you know, by some low-level employee, this so

martin wintercorn could face issues. >> they told their prosecutors when you're investigating corporate misconduct, look at executives individually. i think one of the big things to watch is how that new policy plays in, in terms of investigations of -- possible prosecutions of people at vw. >> over 11 million vehicles were sold with software that cheats clean-air tests. more than 4,800. they face a fine from the epa. >>> well, it is a little easier, today, to sing one of the most popular songs in the english language. happy birthday. a federal judge has thrown out a copy right that, for decades, has restricted that song's use. ♪ [music] . >> reporter: one of the most recognizable songs is in the public domain. they ruled the company, who collected royalties on the lyrics, no longer hold a copy right. they made money from films, tv shows and tv productions. they sued the company, claiming the copyright was invalid because it existed before happy birthday was registered. the origins are traced back to an 168 -- 19 -- 1893 song. >> obviously, it was exciting to open folders that were hidd

martin wintercorn was out. >>translator: part of this new beginning is for him to step down and the board acknowledges that with great respect. we want to stress the point that he had no knowledge of the manipulation of emissions. he took responsibility and volkswagen needs a fresh start. >> reporter: they were pursuing an internal investigation into how software found its way into a 11 million vehicles. >>translator: we have the impression that criminal acts have played a role here. we will make sure the people concerned will be prosecuted. >>reporter: german's, including those who live in headquarter city are disturbed by the scandal that has soiled their reputation for quality products. >>translator: they all new about it, that's the sad thing about it. that is criminal dealing, if you ask me. it is like a mafia. >>translator: it can't be true that such a global firm ruins their image like this. >>translator: i am disgusted. just imagine, this is happening at the top. >> reporter: in the u.s., a chicago atto

software that was put into the cars to defeat the emission testing over 11 million vehicles, so martin wintercorn, the former head of the company, also stressed in a statement that he didn't know anything about that. it begs the question, exactly who did it because this was not something that was done, you know, by some low-level employee, this software was put into millions of vehicles and someone near the top or in a responsible position, let's say, had to know something about that. so the board said that in addition to all of the investigations that are under way around the world, in the united states, by the german's prosecutor's office, they're going to have their own investigation internally, they believe criminal matters are involved and they want to bring the whole thing do light. >> did they say how they might regain consumer trust? >> reporter: not specifically. clearly, this is a very important priority for the company. our losses are not measured so much in the decline of volkswagen stock or in the fines or legal settlements we might have to pay, but in the respect and trust that we'v

. >>> martin wintercorn resigns a

martin wintercorn announced his own resignation. in a statement, he said he took responsibility for the irregularity us found in diesel engines, but not aware of any wrong doing on my part, his words. no replacement announced just yet. >>> in the money report, it is the first day of fall, but is the lay day craze already starting to fade? with that story and a check on the markets, let's check in with bill griffith, seems early. >> uh, yes, it is, but wait until you hear the statistic, i'm going to tell you here. by the way, vw's contract with tomorrow. so it's not a huge surprise he would be stepping down. he probably wouldn't be asked to come back anyway. we have a selloff on wall street right now, shiba, even though we had good news on husing this morning, mortgage applications last week were up a whooping 13.9% because of a dip in interest rates, but that's not helping the stock market. the dow is down over 100 points right now. companies are trying to attract day. unlimited vacation time, expanded plannal leave, and now there's

the scandal has volkswagen ceo martin wintercorn preparing for a difficult board meeting later this week. there he'll be asked how volkswagen could have used software that turned on emission controls during testing in the united states and then turned off those controls during normal driving situations. winterkorn apologized sunday because the company had "broken the trust of our customers and the public." but while some analysts have said winterkorn's run at ceo could end because of the scandal, at least one expert says the company hasn't admitted that it did anything wrong. and it may take a while before it can figure out whom to blame. >> the real crux of this is did they do something completely wrong and how many people knew about it? and my guess is that it doesn't go all the way up to the ceo. the cases i've written about this it usually does not. once that's resolved then they can move beyond it. >> volkswagen's ability to move beyond the scandal may determine this year's number one automaker. only about 3 1/2% of volkswagen's business takes place in the united states. but right n

martin wintercorn says he is stepping down to give vw a fresh start.rds request uncovered the scandal affecting some 11 million cars. germany's economic minister called on vw to cooperate with american prosecutors who are investigating this growing scandal. >>> now to the race for the white house. donald trump in a new fight with fox news. he says he'll boycott the network. abc news reporter tom yaw muss with what he is saying. >> reporter: tonight he says he's breaking up with fox news. >> the polls came out the other day. they were outstanding. fox didn't put them up. i didn't feel i was beingtreated fairly. >> reporter: but fox says they dumped trump, canceling his appearance on the o'reilly factor. >> you call women you don't like fat pigs, dogs, slobs, and disgusting animals. >> reporter: more than six weeks later, trump is still trashing kellie. in a tweet last night, calling her a "lightweight." today trump speaking to a half-empty room in south carolina, turning his ire to another woman, carly fiorina. >> she's fighting to raise money, and her

we got word the ceo is stepping down, martin wintercorn, is stepping down saying this: we need a fresh start and in terms of personal i am clearing the way for this fresh start with resigning. he went on to say and talked about the legal ramifications saying he was acting in the interest of the company even though i am not aware of any wrongdoing on my part. the company is damaged and the ceo is stepping down. we will keep you posted. opening arguments expected in the trial of two mexican men charged with murdering a u.s. border patrol agent. ryan terry was killed near the bord in 2010 and two guns at the scene belong today the fast and furious program come is program meant to track guns but lost track of all of the guns. the judge ruled the jurors will probably not near anything about fast and furious. william is live from tucson with more. >> reporter: the family hoped for trials. one for the men who killed brian and the second for the fast and furious program putting it on trial. but the judge ruled the source of the weapons is not relevant to crime and the issue cannot be raised in

today volkswagen ceo martin wintercorn, resigned. >> it was impossible for him to continue. >> it washought to impact half a million cars. v.w. admits a whopping 11 million cars may be affected. the german automaker confused to installing in the jetta, tricking air i go emissions and solution tests. the company falsely claimed they were selling an environmentally friendly car. >> volkswagen marked this car as a high performance, super clean and environmentally friendly vehicle. they lied to consumers. >> reporter: in a statement, as ceo i accept responsibility for the irregularities found. i am doing this in the interests of the company even though i am not aware of any wrongdoing on my part. >> he may not have known about it but it was under his wash this took place. >> reporter: now experts are wondering are other automakers gaming the system. >> if diesel is being fizzled, petrol has as well. it's hard to know where it starts and where it stops. >> the fix or recall is likely. vw expected to name a new ceo in the next couple of days. it will be the ceo of porsche. he'll have a toug

this comes after the ceo, martin wintercorn resigned. he took responsibility for what happened to his watch. but he said that he was stunned by the misconduct involved. later in the show, we'll talk about what this means for the company's long-term outlook. >>> a deeply divided european union is holding a summit on the crisis. german sans lore, angela merkel and 26 other leaders are meeting to find a comprehensive solution to the refugee increase. it comes a day after the refugee quota overriding opposition from four eastern european nations. >> reporter: one thing that this maintains on wednesday is intended to do is look at some of the more practical measures that can be put into place to try to restrict the number of people entering the eu, and to install better controls on who is entering. discussions about deploying new eu forces to help the police, immigration in countries on the front line like greece and italy, who have clearly been struggling to deal with the number of people coming in. again, it's controversial. because it's th

martin wintercorn said in a statement that they were deeply sorry to break the trust of customers and public. an investigation has been ordered and they will cooperate >>> state visits ahead at the bottom of hours, a meeting with china's president of the white house, as tensions rise. later, destructive nature. another death and damage from the wildfires in northern california. >> as the global refugee crisis intensifies... >> they have travelled for weeks, sometimes months. >> and the e.u. struggles to cope... >> we don't know, they stop us here. >> what's being done while lives hang in the balance? >> we need help now. >>> it's sunday night and time for a look at the week ahead. china's president xi jinping will make an historic visit to the white house for talks. it will be the first meeting with president obama in washington. before his visit to the nation's capital. he is making an unusual but significant stop in seattle. allen schauffler explains why. >> reporter: chinese president xi jinping is headed for washington d.c. and high-level talks with president obama, his first offi

board members are holding a crisis meeting today where ceo martin wintercorn will have to make his case. what did he know about the scheme to dupe consumers and regulators. vw admits they've been using software to rig some 11 million diesel vehicles to cheat on emissions tests. now the automaker's stock value is tanking. we'll see what happens. at the meeting there are calls for the ceo to step down. >>> pope francis is in washington. he's inside the vatican embassy in northwest washington. take a live look at the picture. you can see dozens of people gathered outside of the embassy to catch a glimpse of the pope when he departs for the white house this morning. we will have more on his busy agenda later today. >>> four children have a story about the pope to keep their friends jealous for the rest of their lives. a first, third, fifth, seventh grade er from local catholic schools greeted pope francis with flowers at joint base andrews. you can see them there shaking hands. one of them was jocelyn aquino of silver springs. she attends sacred heart schools. >> it was nice to meet the mos

board members are holing a crisis meeting today where ceo martin wintercorn will have to make his case. what did he know about the scheme to dupe consumers and regulators? vw admits they've been using software to rig some 11 million diesel vehicles to cheat on emissions tests. now the automaker's stock value is tanking. we will see what happens at this crisis meeting today. there are calls for ceo wintercorn to step down. back to you. >> all right, kristin. thank you. it is 5:41. that means time for weather and traffic on the 1s. big day out there. >> yeah, we're going to have a pleasant day for the pope's visit. >> i don't think that's a coincidence either. say what you want. i think he has the kind of connections to have the weather he wants. 54 in gaithersburg. 60 degrees in beautiful springfield, virginia. what to wear? a light jacket first thing this morning. a lot of people spending time outside today. don't forget your sunglasses and sun block. bus stop weather, a lot of kids have to go to school. temperatures upper 50s early this morning. low 60s between 8:00 and 9:00. recess g

martin wintercorn stepping down a day after apologizing for betraying the trust of millions. here's what's going on. vw says, a 11 million of it diesel cars around the world have software, allowing them to cheat emissions tests. it causes the engines to run cleaner during the official testing. the cars then drive more powerfully on the road, while emitting as much as 40 times the legal pollution limit. the epa could hit vw with fines that amount to as much as $18 billion. stock down yesterday, fiat stock up, because of the pope mobile. suspect being charged in four of 11 freeway shootings in phoenix, arizona police say ballist innings tests tide 21 year old leslie allen merit, jr. to some of the shootings. merit told police they arrested the wrong person, he says, it could have been him, because his gun, or could not have been him, he refused to say it was him because his gun had been in a pawn shop for the past two months. but security shows merit pawning that gun after the shootings, one person was injured in those shootings. >> donald trump has allienated some of the minor

martin wintercorn was the ceo of volkswagen for the last eight years, he stepped down yesterday.responsibility for the, quote, irregularities in their diesel evening i understand but is not aware of any quote, wrongdoing on his company's part. the company's supervisory board thanked him and said goodbye and said that he had no knowledge of the manipulation of emissions dwighdata but the german governt has opened a criminal investigation. i think back to ford and fire stone, toyota and the car mats and the brakes and general motors this one has moved a little more quickly. the ceo on gone, real investigations with everybody else you had to force it a little bit. >> is it my imagination, it seems that these scandals are becoming more and more common? >> it seems like that. because it's true n wake of vehicle having un's news, bmw was found to have curiously high emissions on its very popular x3 model of the company rerailroad release ahead statement coying it does not rigor manipulate any emissions tests offense scandals like these only come with short-term damage. volkswagen has t

martin wintercorn, the ceo, today issued another apology. some thought he might resign today but he didn't. here's another perspective. we've just reporting this now on the fox business network. this is not the first time this happened. as far back as 1995, gm paid a $45 million settlement for doing the same thing with cadillac vehicles. three years later, ford paid another settlement with the government for doing the same thing and honda did as well. so this is not brand new, in maybe vw's defense, as lame as it may be. >> it may not be new, but it is mighty big. jeff flock at a dealership. >>> animal rights activists are suing a photographer over a monkey that took a bunch of selfies. they say the monkey should own the copyrights to the photos. here's one of them. the photographer is david slater. he says that he positioned the camera but the monkey actually pushed the button and a fine job he did. it happened in indonesia back in 2011. the group people for the ethical treatment of animals or peta says they should manage all proceeds from

more trouble for will flag and rushing it deadlines and martin wintercorn, and rocked the carmaker'sutation. metals markets with platinum falling to six year low because the metal is used in diesel engines, traders fear the volkswagen's scandal will hurt demand for the biggest jumps, and new headlines on bmw which is in defense mode. there was no manipulation, exhaust systems and roadwork is the same, they are unaware of any issues. dagen: the report out of germany, not one bmw in particular. >> in the middle market, between platinum and palladium, platinum use in the diesel engines, palladium in the gasoline engines, they normally move in lockstep with each other but are going opposite directions. the plunge in platinum, this is a trend happening before the story. >> the knock on effects of this, massive company, hundreds of thousands of employees, berkshire hathaway, and the political implications of this and substantial, german engineering, the country exports the best machinery. dagen: they did, allegedly cheating. >> meeting on the greece issue and others the key european union'

that is from martin wintercorn who we believe is going to be out fairly soon.f beating of its rate to break, back in a moment. stuart: my time is up. one check of the big board, we are without 250 points. it is yours, ago. >> i talked for a moment with the pope arrived in your interviewing jesus. stuart: it looks like it. turns out that was not. had me going, how do you on vote that? all right, thank you very much. we got it going, stewart is pointing outcome is biblical guess did as well on a day the pope is arriving in the united states we got a sell-off that is taking all sorts of prisoners. connell: a high-profile visit to the united states, as we see this market sell-off we will hardly blame pope francis for it but the chinese president is a different story. he gave an interview to the

morning, the volts wagon commission scandal, german prosecutors started an investigation of martin wintercorn. if investigation focuses on allegations of fraud and the sell of cars are manipulated emissions of data. he quit last wednesday after almost nine years at the helm of europe's largest car maker saying he had no knowledge of manipulation of admissions results. two big sports stories making headlines. one of them good and the others not so great. 22-year-old golf super star capping off an incredible year by winning both the ford championship and the season long fed ex cup. he is the youngest player ever to do so and the only golfer to ever win $22 million in prize money in just one year. in the meantime, he is awesome, not so good news here sharing inside the washington nationals dugout turned to a lot of frustrations and boiled over into what looked like a nasty thing playing out. bryce harper and -- exchanging words. he put his hands on harper's throat and pushed him backwards. the scuffle was broken up by other players and coaches and apparently papelbom had called out harper for no