autocar-logo
Delhi

VW Group may replace CEO Matthias Muller

VW says change in management structure may include "change in position of the chairman of the Board of Management"; Muller could be replaced by brand boss Herbert Diess.
1 min read10 Apr '18
Autocar India News DeskAutocar India News Desk
13K+ views

Matthias Müller looks set to stand down as Volkswagen CEO this Friday, April 13, 2018, in what is being described as an “development of the management structure".

Reports in German media suggest Müller, who has been at the helm of the Volkswagen Group since the emission scandal was revealed in September 2015, will be succeeded by Herbert Diess, CEO of the Volkswagen Passenger Cars brand.

Volkswagen issued a statement confirming that it's considering management changes that “would also be associated with personnel changes in the board of management”. When contacted by our sister publication Autocar UK, however, a spokesman couldn’t confirm whether that included the removal of Müller from the group’s lead position.

Autocar UK understands that Müller's departure comes as part of plans thought up by Wolfgang Porsche, Hans Michel Piëch and Hans Dieter Pötsch. The former two come from the families that control more than 52 percent of the Volkswagen Group, while the latter is the chairman of the Supervisory Board.

Müller’s departure would also leave a vacant space on the board of Porsche, where he also has a seat.

Müller has led the Volkswagen Group through one of its toughest periods as it faced fire for its emissions cheating scandal. He inherited the top role from Martin Winterkorn, who resigned when the scandal broke.

Pininfarina-designed Hybrid Kinetic Group H500 takes shape

Hybrid's new model is set to sit below the H600 and use micro-turbine technology; the car may just be the electric rival to BMW 3-series GT.
1 min read10 Apr '18
Autocar India News DeskAutocar India News Desk

Mahindra e2o Plus now available with Zoomcar

Mahindra supplies 100 e2oPlus units to self-drive car provider Zoomcar for renting out on their platform.
1 min read10 Apr '18
Shubham ParasharShubham Parashar

All-new Ford Focus unveiled

New Ford Focus unveiled as brand's ‘most advanced’ model in Europe.
2 min read10 Apr '18
Autocar India News DeskAutocar India News Desk

Chevrolet Camaro facelift revealed

Chevrolet’s rival to Ford's Mustang gets a new face, more technology and a new track-focused package.
1 min read10 Apr '18
Akbar MerchantAkbar Merchant

Carmakers end FY2018 on a strong note

New models and refreshes help Maruti, Hyundai, Mahindra, Tata and Honda register growth in 2017-18 passenger vehicle sales; Toyota, Ford witness degrowth.
6 min read10 Apr '18
Autocar India News DeskAutocar India News Desk