Martin Winterkorn

Porsche may pick production chief as CEO this week, report says

10:12 am U.S. ET | Sept. 29, 2015

The supervisory board of Volkswagen's Porsche business may name the sports-car maker's production chief Oliver Blume as the division's new CEO this week, two people familiar with the matter told Reuters on Monday....
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THE VW DIESEL CRISIS

VW labor leaders oppose big severance package for Winterkorn, report says

Sept. 29, 2015 12:07 CET

Senior VW labor leaders are opposed to granting Martin Winterkorn severance pay after the former CEO stepped down following revelations that VW cheated in U.S. diesel emissions tests, sources told Bloomberg....
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THE VW DIESEL CRISIS

VW China says 1,946 diesel Tiguans may have rigged emissions systems

Sept. 29, 2015 12:43 CET

Volkswagen Group says 1,946 diesel Tiguan crossovers imported and sold in China may have manipulated emissions systems. VW has admitted that about 11 million vehicles globally have...
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THE VW DIESEL CRISIS

Ex-VW CEO Winterkorn faces fraud probe in Germany

Sept. 28, 2015 13:16 CET

Prosecutors in Germany have opened a criminal probe into former VW Group CEO Martin Winterkorn after the automaker admitted it cheated emissions tests in some of its diesel cars....
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SCANDAL AT VOLKSWAGEN

VW could lose big around the world

12:01 am U.S. ET | Sept. 28, 2015

Volkswagen AG has been rattled to the core by a scandal that threatens to batter the VW brand around the world, hand a golden opportunity to its main rivals in Europe -- Ford and Opel -- and all but destroy a long, hard and so far fruitless effort to become a major player in the U.S....
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JASON STEIN

VW culture: No room to fail

12:01 am U.S. ET | Sept. 28, 2015

How has a peerless automotive organization known for setting outrageous goals -- then exceeding them -- slipped so low?...
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Mueller will push strategy shift to foster change

12:38 pm U.S. ET | Sept. 27, 2015

Matthias Mueller pressed the Volkswagen board to move ahead with a reorganization he helped devise before the carmaker was caught up in an emissions-cheating scandal, as the new leader seeks to put his stamp on the company....
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Insider named to head VW shows Germany Inc. insularity

7:26 pm U.S. ET | Sept. 27, 2015

If you place the resumes of Martin Winterkorn and Matthias Mueller side-by-side, it would be hard to spot the difference. After early positions at Audi, the outgoing and incoming Volkswagen chief executive officers spent the next 20 years hopping between development roles in the carmaker's 600,000-employee empire....
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THE VW DIESEL CRISIS

VW names Mueller as Winterkorn's successor; Seat, Skoda get new CEOs; sales chief is out

Sept. 25, 2015 14:11 CET

VW Group's supervisory board named Matthias Mueller as the automaker's new CEO. Sales boss Christian Klingler is out, Winfried Vahland will lead North America operations and Audi sales chief Luca de Meo will head the Seat brand....
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LUCA CIFERRI

BLOG: New VW CEO's top priorities

11:04 am U.S. ET | Sept. 25, 2015

Volkswagen Group chose Matthias Mueller as its new CEO to replace Martin Winterkorn. Although Mueller will be surrounded by talented and experienced advisers I would like to share seven suggestion....
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BMW did not manipulate emissions data, German magazine says

Sept. 25, 2015 10:50 CET

German magazine Auto Bild said it has no indication that BMW Group manipulated diesel emissions tests, clarifying its earlier report that an X3 had produced emissions more than 11 times the European limit when road-tested by the International Council on Clean Transportation....
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THE VW DIESEL CRISIS

How VW's American ambitions planted the seeds of its diesel crisis

Sept. 25, 2015 10:33 CET

Volkswagen CEO Martin Winterkorn made a speech on the sidelines of the Detroit show in English for the first time to emphasize the automaker's commitment to the U.S. market. Yet even as he spoke, the crisis that would be his undoing was starting to surface....
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THE VW DIESEL CRISIS

VW set to name Porsche chief as next CEO

Sept. 24, 2015 17:31 CET

Volkswagen Group's supervisory board will pick Matthias Mueller, the head of Porsche, as its next chief executive to succeed Martin Winterkorn, reports said....
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THE VW DIESEL CRISIS

VW emissions rigging decisions made before Winterkorn was CEO, German minister says

Sept. 24, 2015 11:50 CET

The decisions that led to the Volkswagen's emissions scandal were made before Martin Winterkorn became CEO, a top German minister said. Winterkorn, who resigned as VW Group CEO on Wednesday, was taking responsibility for decisions made before he was appointed CEO in 2007, German Economy Minister Sigmar Gabriel said....
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Porsche's Mueller called in to steer VW through crisis

12:41 pm U.S. ET | Sept. 24, 2015

Porsche boss Matthias Mueller once joked that he was too old to run Volkswagen but the 62-year-old now looks certain to be given the task of steering the German car maker through the worst business crisis in its history....
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THE VW DIESEL CRISIS

Volkswagen seeks to fill power vacuum

Sept. 24, 2015 08:22 CET

The leading candidates to replace CEO Martin Winterkorn as VW Group CEO are Porsche chief Matthias Mueller, who is backed by members of the family that controls a majority stake in VW, and Herbert Diess, a former BMW executive who took over the newly created post of VW brand chief this year....
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LUCA CIFERRI

BLOG: Winterkorn's exit should be a wake-up call for automakers

12:01 am U.S. ET | Sept. 24, 2015

Martin Winterkorn's resignation Wednesday after nearly nine years as Volkswagen Group CEO is the latest signal that the industry has a serious problem with following the rules....
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THE VW DIESEL CRISIS

VW to start firings over emissions scandal on Friday, report says

Sept. 24, 2015 13:05 CET

VW will start firings connected to the rigging of U.S. emissions tests and shake up management on Friday when the company's supervisory board meets, sources said. Top managers including U.S. chief Michael Horn and group sales chief Christian Klingler could also be replaced, even if they did not know about the deception, the sources said....
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Winterkorn expected to receive $32 million pension after exit

5:45 pm U.S. ET | Sept. 23, 2015

Martin Winterkorn, engulfed by a diesel-emissions scandal at Volkswagen AG, amassed a $32 million pension before stepping down Wednesday, and may reap millions more in severance depending on how the supervisory board classifies his exit....
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Volkswagen CEO Winterkorn resigns amid diesel emissions scandal

10:39 am U.S. ET | Sept. 23, 2015

Volkswagen CEO Martin Winterkorn resigned today, taking responsibility for the company's rigging of U.S. diesel emissions tests, a scandal that has widened in recent days, slashed the automaker's market value and rocked the auto industry. VW's supervisory board will consider successors at a Friday meeting....
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Volkswagen CEO Winterkorn resigns amid diesel scandal

Sept. 23, 2015 17:07 CET

VW Group CEO Martin Winterkorn resigned his post, taking responsibility for the automaker's rigging of U.S. diesel emissions tests. Senior members of VW's supervisory board said they expect further heads to roll as an investigation seeks to identify who was responsible for what has turned into the biggest scandal in the company's history....
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LUCA CIFERRI

BLOG: Winterkorn's exit should be a wake-up call for the auto industry

12:04 pm U.S. ET | Sept. 23, 2015

Martin Winterkorn's resignation Wednesday after nearly nine years as Volkswagen Group CEO is the latest signal that the industry has a serious problem with following the rules....
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Winterkorn shows no sign of quitting in board showdown

Sept. 23, 2015 06:01 CET

Volkswagen CEO Martin Winterkorn showed no sign of quitting as he faced a reckoning today with the executive committee of the automaker's supervisory board. Winterkorn was summoned to explain how the company came to falsify U.S. emissions tests....
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VW denies report that Winterkorn will be replaced by Porsche boss

Sept. 22, 2015 14:18 CET

VW denied a report that CEO Martin Winterkorn will be replaced by Porsche boss Matthias Mueller. Winterkorn apologized again for the carmaker's cheating of diesel emission rules in the U.S. and pledged full cooperation with authorities involved....
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Winterkorn 'endlessly sorry' for diesel emission scandal; VW denies report of CEO's ouster

8:21 am U.S. ET | Sept. 22, 2015

VW CEO Martin Winterkorn today apologized again for the carmaker's cheating of diesel emission rules in the United States and pledged full cooperation with authorities involved. Meanwhile, the automaker denied a report that Winterkorn was to be replaced by Matthias Mueller, the head of the automaker's Porsche sports car business....
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