UPDATE: Volkswagen puts new CEO in driver's seat - WRCBtv.com | Chattanooga News, Weather & Sports

UPDATE: Volkswagen puts new CEO in driver's seat

Posted: Updated:
Newly-named Volkswagen CEO Herbert Diess. AP photo Newly-named Volkswagen CEO Herbert Diess. AP photo
Former Volkswagen CEO Matthias Mueller. AP photo Former Volkswagen CEO Matthias Mueller. AP photo

UPDATE: Volkswagen names core brand head Herbert Diess to replace Matthis Mueller as CEO.

Diess has a reputation for clashing with unions over cost-cutting measures, according to the BBC.

Volkswagen will also reorganize their 12 brands into four to six new vehicle divisions. The German automaker owns other automotive brands such as Porsche and Audi.

Diess also has a more diversified history in the automotive business than his predecessor Matthias Mueller.

Mueller is a four-decade veteran at VW, whereas Diess has worked for German auto-parts maker Bosch and joined BMW in 1996. After nine years there, he moved to Volkswagen in 2015 right before the infamous diesel emission scandal.


PREVIOUS STORY: FRANKFURT, Germany (AP) - Volkswagen Group says it is contemplating a management reshuffle that raises questions about CEO Matthias Mueller's future with the company.

The company said Tuesday that it "considers a further development of the management structure of the group" and that "this could include a change in the position of the chairman of the board of management," the German term for CEO.

The statement said board of directors head Hans Dieter Poetsch was in discussions with top managers about how their responsibilities are divided.

It said the result of the talks was "currently open" and that Mueller "showed his willingness to contribute" to the changes.

Germany's Handelsblatt business publication reported, however, that Mueller would be replaced by Herbert Diess, head of the core Volkswagen brand.

Mueller, 64, took over suddenly in 2015 when predecessor Martin Winterkorn fell victim to the company's scandal over cars rigged to cheat on diesel emissions tests. He has led the company through the scandal to record sales and strong profits.

Diess was regarded as a potential future CEO when he joined Volkswagen from BMW in July, 2015. But when Winterkorn fell, he had only been with the company for less than three months.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

WEEKLY CIRCULARS

Weather

  • VW Emission ScandalMore>>

  • Volkswagen Emissions Settlement: So when can I get my money?

    Volkswagen Emissions Settlement: So when can I get my money?

    Wednesday, June 29 2016 1:12 PM EDT2016-06-29 17:12:24 GMT
    Wednesday, April 18 2018 12:47 PM EDT2018-04-18 16:47:46 GMT
    Volkswagen Passats are parked in a lot at Village Volkswagen. Doug Strickland/Times Free PressVolkswagen Passats are parked in a lot at Village Volkswagen. Doug Strickland/Times Free Press
    Volkswagen Passats are parked in a lot at Village Volkswagen. Doug Strickland/Times Free PressVolkswagen Passats are parked in a lot at Village Volkswagen. Doug Strickland/Times Free Press

    The government announced a settlement with Volkswagen on Tuesday after the company rigged 475,000 diesel vehicles in the U.S. to cover up the fact that they didn't meet emissions standards. 

    More

    The government announced a settlement with Volkswagen on Tuesday after the company rigged 475,000 diesel vehicles in the U.S. to cover up the fact that they didn't meet emissions standards. 

    More
  • Volkswagen's promised fix for diesels doesn't apply to U.S. vehicles

    Volkswagen's promised fix for diesels doesn't apply to U.S. vehicles

    Wednesday, September 30 2015 11:21 AM EDT2015-09-30 15:21:28 GMT
    Wednesday, April 18 2018 12:47 PM EDT2018-04-18 16:47:06 GMT
    The source said the retrofit in the U.S. is likely to require separate solutions for three different versions of the WA 189 diesel engine sold over the seven years since it was introduced, and may also require hardware changes in addition to altering the software.More
    The source said the retrofit in the U.S. is likely to require separate solutions for three different versions of the WA 189 diesel engine sold over the seven years since it was introduced, and may also require hardware changes in addition to altering the software.More
  • Volkswagen scandal gives 'Black Eye' to diesel tech

    Volkswagen scandal gives 'Black Eye' to diesel tech

    Friday, September 25 2015 1:32 PM EDT2015-09-25 17:32:24 GMT
    Wednesday, April 18 2018 12:47 PM EDT2018-04-18 16:47:06 GMT
    Unsold Volkswagen diesels on a storage lot at a VW dealership. AP photoUnsold Volkswagen diesels on a storage lot at a VW dealership. AP photo
    The ability to deliver real performance along with high mileage is one reason why diesel sales have continued to grow.More
    The ability to deliver real performance along with high mileage is one reason why diesel sales have continued to grow.More
Powered by Frankly