Volkswagen CEO, chairman to stay in office regardless of charges

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Volkswagen’s CEO and chairman will continue to stay in office, the company’s supervisory board stated on Wednesday, a day after German prosecutors brought charges against them for their role in a diesel emissions scandal. The automaker’s supervisory board has not found any evidence that CEO Herbert Diess and Chairman Hans Dieter Poetsch were really late […]

Volkswagen CEO’s replacement has been planned for months: report

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The replacement of Volkswagen CEO Matthias Mueller has been planned for months and board members Francisco Garcia Sanz and Karlheinz Blessing are also going to be ousted, Germany’s Bild newspaper reported. The small circle of executives preparing Mueller’s ouster included Chairman Hans Dieter Poetsch, labor chief Bernd Osterloh, and two member’s of Volkswagen’s controlling family: […]

Former Volkswagen CEO sticks to denial of early knowledge of dieselgate scandal

Former Volkswagen CEO Martin Winterkorn

Former Volkswagen CEO Martin Winterkorn maintains that he did not discover about automaker’s manipulations of emissions tests earlier than the company had officially admitted, his legal representative stated. Prosecutors in Braunschweig earlier on Friday stated they are examining the ex Volkswagen CEO over suspicions of fraud, pointing out signs that Winterkorn might have understood about […]