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Found 2 results

  1. It seems Volkswagen's Supervisory Board is keeping true to their promise holding more people accountable in the company's diesel crisis. Reuters (via Automotive News) and German publication Bild are reporting that three executives will be dismissed. The three are, Michael Horn, Volkswagen U.S. CEO Ulrich Hackenberg, Audi's r&d Boss Wolfgang Hatz, Porsche's engine chief Porsche and Volkswagen in Germany declined to comment, while Audi couldn't be reached. A spokeswoman for Volkswagen of America declined to comment as well, but called the reports of Horn's exit 'speculation'. Now if the reports are true, there will be one party not happy with the decision; Volkswagen's dealers in the U.S. Horn has earned the support of many dealers in the U.S. “We as a dealer body would be in a disagreement with a leadership change at this critical time in the U.S. market,” said Alan Brown, chairman of Volkswagen’s national dealer council. As for who will likely become the next CEO of Volkwagen, Reuters is reporting that Porsche CEO Matthias Mueller will get the nod. A source tells the news service that Mueller has the backing of the majority of Volkswagen's Supervisory Board. Source: Automotive News (Subscription Required), Bild, Reuters
  2. It seems Volkswagen's Supervisory Board is keeping true to their promise holding more people accountable in the company's diesel crisis. Reuters (via Automotive News) and German publication Bild are reporting that three executives will be dismissed. The three are, Michael Horn, Volkswagen U.S. CEO Ulrich Hackenberg, Audi's r&d Boss Wolfgang Hatz, Porsche's engine chief Porsche and Volkswagen in Germany declined to comment, while Audi couldn't be reached. A spokeswoman for Volkswagen of America declined to comment as well, but called the reports of Horn's exit 'speculation'. Now if the reports are true, there will be one party not happy with the decision; Volkswagen's dealers in the U.S. Horn has earned the support of many dealers in the U.S. “We as a dealer body would be in a disagreement with a leadership change at this critical time in the U.S. market,” said Alan Brown, chairman of Volkswagen’s national dealer council. As for who will likely become the next CEO of Volkwagen, Reuters is reporting that Porsche CEO Matthias Mueller will get the nod. A source tells the news service that Mueller has the backing of the majority of Volkswagen's Supervisory Board. Source: Automotive News (Subscription Required), Bild, Reuters View full article
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