Dr. Herbert Diess appointed as new Volkswagen CEO

Volkswagen's 1st Chinese EV — Built With JAC

Even with the diesel emission burden to bear and faced with various accusations in the matter from all sides, Müller successfully managed to lead the VW boat through rough waters.

This post will replace the Hg Diss, who was Chairman of the Volkswagen brand.

Dressed in a dark blue suit and a burgundy tie, Diess and chairman Hans Dieter Poetsch were the only executives to field questions about the carmaker, even though VW announced a raft of new appointments on Thursday.

The company said in a statement that it would group all its brands and management functions into six broad business areas plus China.

VW Group's brands, which include Volkswagen, Audi, Porsche, Bentley, Skoda (not in SA), and others will be put into three groups - Volume, Premium, and Super Premium.

He will head up the management board that reports to the group's board of directors and take charge of vehicle development and research as well as vehicle-related information technology.

Replacing Müller will be Herbert Diess, head of the Volkswagen brand.

"Bundling brands in groups greatly helps to increase synergies", said Bankhaus Metzler analyst Juergen Pieper. "Matthias Müller has laid the groundwork for our transformation", said new CEO Diess.

Kathua rape case: PDP wants two BJP ministers out, may break alliance
The minor girl, who belonged to the nomadic Bakerwal Muslim community, had disappeared from her her house in Kathua on January 10. A week later, her body was found in the same area, and medical examination pointed towards sexual assault.

Stocks bounce as China blinks on trade
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 5, 2018. The Dow Jones industrial average fell 572 points Friday, and lost 0.7% of its value last week.

New Soulcalibur 6 Character Announced
The last mainline iteration of the series was Soulcalibur 5 on the Xbox 360 and PlayStation 3. Soulcalibur VI will be released sometime this year, most likely closer to the end of the year.

"My most important task will now be to join with our management team and our Group workforce in consistently pursuing and pushing forward our evolution into a profitable, world-leading provider of sustainable mobility".

"In a phase of profound upheaval in the automotive industry, it is vital for Volkswagen to pick up speed and make an unmistakable mark in e-mobility, the digitalisation of the automobile and transportation, as well as new mobility services".

Mueller held the top job for more than 2½ years after succeeding CEO Martin Winterkorn, who was ousted days after the company's diesel pollution scandal, was exposed in September 2015.

The carmaker remains mired in legal woes overseas and in its home market, where it also faces possible diesel bans in some smog-clogged inner cities, a prospect that has already depressed resale prices to the chagrin of millions of owners of diesel vehicles.

Diess promised to push on with "cultural change" in the company that suffered its deepest crisis when it had to admit in 2015 that it installed software in 11 million diesel vehicles worldwide to cheat on emissions test.

As of February, VW had spent more than $7.4 billion in buying back about 350,000 vehicles.

Separately, VW said works council executive Gunnar Kilian, a close aide to labor boss Bernd Osterloh, will replace group human resources chief Karlheinz Blessing who will stay at VW as an adviser.

Related News:



Most liked

Macron: Assad regime used chemical weapons on Syria's Douma
Trump's latest comment came in a tweet after warning Russian Federation to "get ready" for a missile attack on its ally Syria. But U.S. intelligence agencies have not completed their assessment or reached a final conclusion, the officials said.

Trump's tax cut sees JP Morgan profit up 35%
Campbell Newman Asset Management Inc.'s holdings in JPMorgan Chase were worth $25,670,000 at the end of the most recent quarter. Separately, on April 6, Vining Sparks' Marty Mosby maintained a Buy rating on the stock and has a price target of $130.

76ers All-Star center confirmed out for Game 1 against Heat
The 76ers are arguably the hottest team in the league at the moment having ended the regular season with sixteen consecutive wins. There had to be multiple stretches this season when every Sixers fan wondered if they would ever see Markelle Fultz play.

Ssssh, It's Friday The 13th
There will also be two Friday the 13ths every year until 2020, but 2021 and 2022 has just one each, in August and May. Some may suffer from triskaidekaphobia : an abnormal fear of the number thirteen.

Moscow orders for the immediate ban of Telegram in Russian Federation
Other encrypted messaging apps, such as WhatsApp and Signal, remain legal in Russian Federation . Telegram is based in Berlin, and has around 200m monthly active users.

I-69 corridor added to Winter Storm Watch
Persistent northeast winds of 20 - 35MPH with higher gusts are expected Friday afternoon into Sunday afternoon. It looks like 2-4 inches of snow and sleet with freezing rain and ice also a major concern.

Woman arrested in death of deaf sister in California
We were told they were investigating a double suicide, an attempt, and one of the people died. Police are trying to extradite Blackstone to Los Angeles from Baltimore.

Researchers say some Android phone makers hide missed updates
As I mentioned in the first step, the SnoopSnitch app isn't fully working on devices running Android 8.1 like the Pixel 2. Compared to flagships, cheaper phones are found to be skipping more patches, which also tend to use cheaper chips.

Eintracht Frankfurt coach Niko Kovac set to join Bayern Munich
Niko Kovac will take over from Jupp Heynckes as the coach of Bayern Munich this summer, according to a report in Germany . With Thomas Tuchel rejecting Bayer, it appears that Bayern are struggling to negotiate with Julian Nagelsmann , too.

Jane 'Buckskin Girl' Doe identified after 37 years
Chief Deputy Steve Lord said King's mother has long hoped her daughter's murder would be solved. An autopsy found that the young woman was killed by strangulation and blunt force trauma.

Teen killed in minivan was trapped under third-row seat, official says
Hamilton County Sheriff Jim Neil has ordered an administrative investigation to make sure department protocols were followed. Mercy Montessori, where Kyle went for early education, released a statement saying, "Our Mercy hearts are heavy".

NHRC slaps notices on Centre, Telangana on sexual harassment in films
MAA announced that it would not give membership to Sri Reddy and will also banish anyone who works with her going forward. Maa association now removed the ban on her and even started a team to stop this casting couch issues.

Israel probing how pro-boycott Irish mayor came despite ban
Dublin City Council passed two resolutions endorsing the BDS movement on Monday. Israel had tried to block his entry through its airport.

Thursday's Wake-Up Weather: Hot and windy today!
Friday night after sunset rain will begin to change to snow from west to east as the cold side of this storm system moves in. Southwest winds will stay a little breezy, but a big push of warm air will ride up the East Coast with that southwest breeze.

Exceeding recommended alcohol limits cuts years off your life
The study's recommendations are significantly less than what many countries recommend as an alcohol consumption limit. The researchers found that the more alcohol a person consumed, the higher their risk of stroke and heart failure .