Porsche CEO to be new VW boss: media reports
The Local · 24 Sep 2015, 17:06
Published: 24 Sep 2015 16:57 GMT+02:00
Updated: 24 Sep 2015 17:06 GMT+02:00
- Ex-VW CEO in line for €60 million pay-off (24 Sep 15)
- VW admits emissions manipulation in Europe (24 Sep 15)
Reuters reported on Thursday that Matthias Müller would step in as the new leader of Volkswagen, a day after former CEO Martin Winterkorn resigned under intense pressure over a pollution cheating scandal that has sparked a US criminal investigation and worldwide legal action.
The board of directors is expected to appoint Müller on Friday, a person familiar with the deliberations told Reuters.
Volkswagen has come under international scrutiny after news broke that the company had been using software to cheat emissions tests for years.
The company has admitted that on-board computers in around 11 million cars worldwide included a program designed to reduce cars' emissions levels if it detected they were being tested.
The cars reduced their emissions of nitrogen oxides dramatically under testing conditions.