Volkswagen bonds stabilise as CEO goes, shares bounce

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Volkswagen bonds stabilise as CEO goes, shares bounce

VW logo 230x150
The Volkswagen logo shines at the Volkswagen plant in the light tunnel for the final inspection in Wolfsburg, Germany, 25 February 2013. Photo: Jochen Lübke | Jochen Lübke/DPA/Press Association Images

Pressure eased on Volkswagen’s bonds on Wednesday, as investors took stock and waited for the next turn of the company’s saga. Martin Winterkorn resigned as CEO in the afternoon, but that was hardly a surprise.

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