Scandal-hit Volkswagen to name new CEO - Is the World Trade Organization still relevant?
VW's supervisory board is set to name VW brand chief Herbert Diess as the group's new chief executive, replacing Matthias Müller in what's believed to be a broader management overhaul aimed at boosting efficiency.
The Volkswagen Group's corporate saga is in the best soap-opera series tradition. It has everything: ultrawealthy families, backroom conniving, dramatic scandals, soaring successes. A new volume got started this week.
Chief Executive Oliver Blume has said the sports carmaker will focus on petrol/gasoline, hybrid and all-electric vehicles. Porsche and its parent Volkswagen have seen their image take a beating in the wake of Dieselgate.
The newly appointed chief executive officer of German carmaker Volkswagen has said the company can only be successful in the long term if it stays on the path of a more transparent and open corporate culture.
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