Auto News: Volkswagen Set to Oust CEO
Volkswagen Set to Oust Matthias Müller as C.E.O. After Diesel Scandal
Volkswagen was set on Tuesday to oust Matthias Müller as chief executive as it grapples with a long-running diesel emissions scandal that has cost it billions of dollars, led to the imprisonment of two executives, and scarred the German carmaker’s reputation.
Mr. Müller, who took over after the company admitted in September 2015 that it had cheated on diesel emissions tests, has steadfastly denied any knowledge of the deception. The cheating involved the installation of illegal software in 11 million Volkswagen diesel vehicles. read more »