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Volkswagen To Replace CEO

April 11, 2018 0 Comments

Volkswagen is planning to replace CEO Matthias Mueller as the company tries to move away from any lingering effects from the 2015 diesel scandal, according to a report from CNBC.

Herbert Diess, 59, will be replacing Mueller. Diess, who is currently running the VW brand, joined the automaker in 2015 after working at BMW.

In a statement, VW said that “…the Chairman of the Supervisory Board of Volkswagen is currently in discussions with certain members of the Supervisory Board and of the Board of Management. Mr. Matthias Müller showed his general willingness to contribute to the changes.”

Mueller’s departure from the company is in an effort to make a “clean break” from the scandal, and shows how the automaker has struggled to move beyond it, according to sources. Mueller was never charged or formally linked to the scheme to rig diesel vehicles with defeat devices, but there is speculation in Germany that he and other executives were “slow to act” as the scandal became public. This speculation, as well as Mueller’s “inability to lay out a clear vision” for the automaker’s future, hurt his tenure as CEO.

Diess, on the other hand, has been praised for taking a public stance that VW needs to change and evolve. After taking over the brand in late 2015, Diess has been unafraid to take on labor unions and push the automaker to cut costs.

“He’s been able to articulate how Volkswagen moves forward,” said a VW executive who asked not to be named.

Diess has overseen a rise in VW brand sales; in the first quarter, VW brand global sales hit 1.52 million vehicles, a record high, and an 8.3 percent growth in China.

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About the Author:

Dave Martinson is a broadcast journalist for DrivingSalesNews. He has a background as a TV News Reporter, Anchor and Producer. He has also worked in Digital Marketing and Human Resources. He received his bachelor’s degree in Communication from Brigham Young University – Idaho. He’s married and originally from the state of Washington. He’s a huge football fan and enjoys the outdoors.