| UPDATED: 5/23/17 1:56 pm ET - corrected

New Ford CEO Hackett conjures up memories of Mulally

It was déjà vu at Ford's world headquarters as Executive Chairman Bill Ford took the stage and introduced Jim Hackett as the automaker's new "transformational," turnaround-tested CEO.

| UPDATED: 5/23/17 9:46 a.m. ET - adds Ford comment

VW's Mueller says culture change could still take years

VW Group CEO Matthias Mueller said some managers are resisting the automaker's push for a new era of accountability after its emissions fraud. "There are definitely people who are longing for the old centralistic leadership," Mueller said.

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