VW’s entire supervisory board, a group of executives including major shareholders who preside over management in a similar way as a USboard of directors, is slated to meet Friday.
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Two sources said the meeting was taking longer than expected. The Transportation and Environment organization, a European group, is already pointing the finger at Audi, BMW and Mercedes-Benz, among others. Volkswagen do have to stand up to what they have done and accept their fate, however if Porsche and Audi have to suffer too, fans of the two brand names may revolt.
Speculation in Germany also suggests that Christian Klinger, the VW Group’s boss of sales and marketing, and after-sales, could be ushered out of his post by the end of this week.
The scandal reached down into the company’s engineering corps as the CEO of Volkswagen’s USAbusiness, the research and development chief from Audi and the engine chief from Porsche, which are part of the Volkswagen Group, are said to be following Volkswagen’s CEO out the door of the company, according to multiple reports Thursday. Mr. Hatz was responsible for motor development from 2007 to 2011, while Mr. Hackenberg led the Volkswagen brand development team from 2007 to 2013. Heinz-Jakob Neusser has been VW development chief 2013, succeeding Hackenberg in the role. He is nowthe brand’s head of production.
Following what appears to be Volkswagens’ admission that they engaged in civil violations and potentially criminal activity to market their supposedly revolutionary “Clean Diesel engines made in Germany, Volkswagen’s has initially reserved $7.3 billion for the worldwide elimination of sensor defeat devices on 11 million VW and Audi vehicles at a cost $663 per vehicle”. Under his watch, Porsche’s profit rose 62 percent over four years, and deliveries are on track in 2015 to surpass 200,000 vehicles for the first time.
Former CEO Martin Winterkorn resigned Wednesday, and the automaker has promised more personnel will face consequences for the developing dirty diesel scandal. Mueller is a long-serving VW Group employee, joining the Audi division as a toolmaking apprentice in the early 1970s.
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