VW US Chief, Other Execs Expected to be Dismissed - Club Touareg Forums
 
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post #1 of 1 Old 09-24-2015 Thread Starter
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VW US Chief, Other Execs Expected to be Dismissed


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More high-level executives are expected to be dismissed at Volkswagen over the diesel emissions scandal.

VWs U.S. CEO, Michael Horn (seen above), is expected to be let go along with Audi R&D boss Ulrich Hackenburg and Porsche engine chief Wolfgang Hatz according to German publication Bild. VW brand development chief Heinz-Jakob Neusser is also expected to be forced out, according to Spiegel.

A special position on the management board is being created for a new U.S. chief, the most likely candidate for which is Winfried Vahland, chief executive of VWs Skoda division.

All of these decisions will be made at a meeting of the supervisory board on Friday. A successor for ex-CEO Martin Winterkorn, who resigned in the wake of the scandal, will also be named during the meeting. Rumor has it that the head of Porsche, Matthias Mller, will be named to the top position.

'Internal Group investigations are continuing at a high tempo,' said VWs executive board in a statement. 'All participants in these proceedings that has resulted in unmeasurable harm for Volkswagen, will be subject to the full consequences.'

The scandal began when the Environmental Protection Agency (EPA) issued a report claiming that VW had installed defeat devices in 2.0-liter four-cylinder diesel engines which allowed them to run much cleaner during emissions testing, while in everyday driving they were emitting 10 to 40 times more NOx than allowed. Since then, Volkswagen admitted to using the cheating software in roughly 11 million vehicles worldwide.
Read more about the VW US Chief, Other Execs Expected to be Dismissed at AutoGuide.com.
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