Volkswagen might get a new CEO soon as Matthias Müller looks set to be replaced by VW brand chief Herbert Diess. The board of directors will meet on Friday. More information can be expected then.
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.
In a major leadership reshuffle at Volkswagen, chief executive Matthias Müller is set to make way for VW brand chief Herbert Diess. DW's Janelle Dumalaon says the choice is obvious, if potentially painful.
The German carmaker has initiated the deepest changes to its management since the diesel emissions scandal of late 2015, replacing its CEO and establishing a corporate structure designed to speed up decision making.
Herbert Diess will replace Matthias Müller as VW CEO. He has a reputation for driving through difficult changes. From his days reining in costs at BMW, the Austrian has often irritated unions — and delighted bosses.
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