Volkswagen CEO sacked in bid to draw line under Dieselgate

Volkswagen Lavida Plus

Volkswagen Lavida Plus

"Matthias Müller has done outstanding work for the Volkswagen Group", said Hans Dieter Potsch, chairman of the supervisory board.

In the aftermath of the diesel-cheating scandal, Mr Mueller sought to overhaul Volkswagen's rigid top-down management structure, delegating more responsibility to its brand and regional chiefs.

Automaker Volkswagen is replacing CEO Matthias Mueller with core brand head Herbert Diess and announcing a new management structure the German automaker said would enable faster decision-making as autonomous and electric cars transform the industry.

Diess said Mueller "laid the groundwork" for Volkswagen's transformation.

House speaker Paul Ryan reportedly says he won't seek re-election
More than 30 Republicans in the House and Senate have announced that they plan to leave Congress by the beginning of 2019. Ryan had made tax cuts a centerpiece of his legislative agenda, and Congress delivered on that late a year ago .

Granting the truck unit more independence from the larger passenger-car business marks the culmination of efforts by division chief Andreas Renschler.

Mueller, who formerly headed Porsche, took over as CEO unexpectedly in September 2015 when Martin Winterkorn resigned over the company's scandal over cars rigged to cheat on emissions tests. He's worked since 2015 on welding the commercial-vehicle operations more tightly together to reducing costs by sharing development.

Mueller, a former chief executive of sportscar-building VW subsidiary Porsche AG, was brought in to replace Martin Winterkorn in 2015 and was contracted to serve until 2020.

"Diess will hold both positions, CEO of the company and the VW brand", one of the sources said, speaking on condition of anonymity because of the sensitivity of the subject.

Cong leaders gobble chhole bhaturas, other delicacies before daylong fast
Taking a dig at Gandhi, Patra told reporters that "he can not wake up in morning to start his fast on schedule". The fast was replicated across the country by Congress workers in all state and district headquarters.

Since the scandal broke in September, 2015, numerous company's top executives have been tossed overboard. But instead of being squeezed out, he has been pushed upward, and has been made CEO. Karlheinz Blessing, head of human resources, has been replaced by Gunnar Kilian, secretary-general of VW's works council, which represents employees.

Mr Mueller - a veteran of the German vehicle company - was promoted from his role heading the Porsche division to take the job heading the entire group. But a replacement of the CEO could also signal that some of the primary shareholders and board members are perhaps unhappy with the direction of the company. Now, he's poised to take VW's top job.

Diess's appointment comes two days after a company statement that was as surprising as it was cryptic, saying that Mueller had agreed "in principle" to contribute to a management change, without elaborating or mentioning his chosen successor by name.

Ben Simmons on Joel Embiid's 'scary' return in playoffs
Not only that, the former No. 1 pick opened up with electric play after electric play in a ridiculous first quarter display. Philadelphia's Ben Simmons recorded his 12th triple-double of the season with 27 points, 15 rebounds and 13 assists.

Recommended News

  • Iran threatens Israel and 'its masters' after striking Syrian, killing 7 Iranians

    Iran threatens Israel and 'its masters' after striking Syrian, killing 7 Iranians

    Seven Iranian military personnel were killed in a Sunday air strike on a Syrian air base, Iranian media reported. Area of atrocity is in lockdown and encircled by Syrian Army, making it completely inaccessible to outside world.
    Dozens hurt as bus carrying teens home from spring break hits overpass

    Dozens hurt as bus carrying teens home from spring break hits overpass

    The Nassau County police and the Lakeview Volunteer Fire Department set up a mass-casualty treatment triage and saved lives. New York State Police confirmed 37 suffered minor injuries, five serious and one very serious.
    VW's Diess Goes From Lame Duck to Top Dog in Two Years

    VW's Diess Goes From Lame Duck to Top Dog in Two Years

    The company said in its statement on Tuesday that it was considering changes to its complicated management structure. VW said earlier on Tuesday that it was considering a change in the CEO job.
  • Theresa May, Trump not invited to Prince Harry's wedding

    Theresa May, Trump not invited to Prince Harry's wedding

    Six hundred guests were hosted for a formal lunch and 300 closer friends and family staying on into the evening. Prince Harry and Meghan Markle are going to tie the knot in St George's Chapel at Windsor Castle on May 19.
    Twitter Slams Tristan Thompson for Allegedly Cheating Before Khloe Kardashian Gives Birth

    Twitter Slams Tristan Thompson for Allegedly Cheating Before Khloe Kardashian Gives Birth

    The unnamed source admitted to being shocked by what she witnessed. They were talking and being around each other all night.
    14 dead in Canada hockey bus crash

    14 dead in Canada hockey bus crash

    Steven Wilson, a co-worker in Weyburn, Sask., said it was Bieber's first season announcing for the team. "These young athletes. There were 29 people, including the driver, on board the bus at the time of the collision, RCMP said in a release .
  • Strike on Syria airbase kills 14

    Strike on Syria airbase kills 14

    The Syrian state news service initially blamed the U.S. for the attack, but it later retracted the charge. Iran has blamed Israel for carrying out the attack on Tyias or T4, near Homs.
    Approval for Bayer, Monsanto Merger Could Plow US Farmers Under

    Approval for Bayer, Monsanto Merger Could Plow US Farmers Under

    The deal is expected to result in a firm which will possess a share of over 25% of the pesticides and seed market in the world. Louis-based Monsanto tumbled last month as DOJ antitrust officials feared that a Bayer-Monsanto merger would hurt competition.
    William and Kate's third baby to be born in St Mary's Hospital

    William and Kate's third baby to be born in St Mary's Hospital

    The exclusive Lindo Wing doesn't come cheap and the Duke and Duchess will fork out more than £5,000 per night for their stay. The signage in South Wharf Road mentions the parking restriction from April 9 to April 30 is for an "event".
  • Saudi Rulers Symbols of Aggression, Crime in Mideast: Iran

    Saudi Rulers Symbols of Aggression, Crime in Mideast: Iran

    A lawyer representing a Yemeni human rights group filed a lawsuit Tuesday in France accusing Mohammed of complicity in torture. Seventy-five per cent of French people want Macron to suspend arms exports to Saudi Arabia and the UAE, a YouGov poll found.
    De Rossi hails coach as Roma stun Barcelona

    De Rossi hails coach as Roma stun Barcelona

    While opponents have failed to hurt either team domestically, they have found life tougher in the Champions League . Now Salah's 39-goal haul this season is on a par with Barcelona forward Lionel Messi .
    Bill Cosby trial delayed over juror probe

    Bill Cosby trial delayed over juror probe

    After she was wrestled to the ground and taken away in handcuffs, Rochelle was charged with disorderly conduct and released. The actor's retrial opened on Monday, with his defence team expected to focus on one of the accusers' previous conviction.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.