Volkswagen to replace HR chief with Gunnar Kilian: Spiegel
Volkswagen to replace HR chief with Gunnar Kilian: Spiegel
Volkswagen flags potential major management changes
11 April, 2018, 17:00
VW and the works council declined to comment.
Further details are emerging over an expected management shake-up at German auto giant Volkswagen AG, ahead of a supervisory board meeting expected on Friday.
Europe's largest auto maker is poised to replace Mueller this week with VW brand chief Herbert Diess, seeking to inject fresh impetus to its recovery from an emissions scandal. The shares jumped as much as 5%.
However, Volkswagen refused City AM's request to confirm whether Muller was resigning, and whether he would be replaced by Diess. As the executive overseeing VW's biggest unit, he has routinely butted heads with labor leaders while seeking to cut costs and simplify the carmaker's Byzantine structure. "I don't see an obvious trigger that would have prompted this".
Mueller-was made CEO in September 2015, at the height of the automaker's diesel emissions scandal.
Its profit margin climbed to 7.4% of sales in 2017 from 6% in 2015, when the crisis hit.
Volkswagen said that Mueller had "showed his general willingness to contribute to the changes".
The VW cars with 2-liter diesels would meet emissions standards tests in a laboratory or testing station, but in normal operation, they emit nitrogen oxides at up to 40 times the standard, according to the EPA.
VW said earlier Tuesday that it was considering a change in the CEO job.
Its complex structure has extended to its main shareholder, Porsche Automobil Holding, where VW's chairman serves as the CEO and Mueller also serves as a top executive.
Volkswagen owns several brands including Audi, Porsche and Skoda.
The move comes after Europe's largest automaker has been hampered by infighting among its powerful stakeholders, which include the Porsche and Piech families, the German state of Lower Saxony, and labour leaders.
Including Mueller, VW's management board totals nine people, with responsibilities ranging from purchasing to legal affairs to financing and human resources.
Spiegel added that VW plans to split its business into four divisions - a volume brand group including VW, Seat and Skoda, a premium brand group consisting of Bentley and Audi, a sports auto group including Porsche, Bugatti and Lamborghini and a commercial vehicle and trucks arm.
Emergency responders used ladders, placed against the side of the bus, to get the passengers off of the vehicle. The roof of the charter bus was seen in photos destroyed after the vehicle slammed into the low overpass.
Later in the evening Harry's father, Prince Charles, will host a private reception for about 200 guests at nearby Frogmore House. A British government source also confirmed Prime Minister May had not been invited and there was no belief that she would be.
Trump said last week that he would be sending up to 4,000 troops to the southern border until his proposed border wall was built. Mr Brown's spokesman, Evan Westrup, said California officials still were reviewing Mr Trump's troop request.
He admitted that this weekend was now going to be a case of damage limitation. "I started ninth so third isn't bad at all". Vettel's win pushed him up to 50 points in the drivers' standings, 17 ahead of Hamilton, with Bottas third on 22 points.
Facebook also announced that people who manage pages with large number of followers will need to be verified. For one, Facebook executives took almost five days to respond to the Cambridge Analytica reports .
The analysts, led by David Tamberrino , kept their sell rating on the stock and cut their price target to $195, from $205. BidaskClub upgraded Tesla from a "sell" rating to a "hold" rating in a research report on Wednesday, January 31st.
Temporary parking restrictions were placed outside the hospital on April 9 where Kate Middleton , 36, will give birth this month. However be warned, if the royal baby is born at night, the palace won't make any announcements until 9 a.m.
Earlier in the week, two party MPs wrote to PM Modi alleging atrocities on Dalits under the BJP-led government in Uttar Pradesh. The reason is not that we have made any mistake. "It is the strength of the BJP that is affecting our opponents", said Modi.
To date , the Harry Potter series has sold more than 180 million copies in the USA alone, and over 500 million copies worldwide. Scholastic published Harry Potter and the Sorcerer's Stone in the U.S.in September 1998 under its Arthur A.
Bettors can also wager on the game's runline with the odds sitting at Athletics +1.5 runs (+170) and Angels -1.5 runs (-180). Upton's homer capped a five-run seventh inning for the Angels and highlighted their comeback from an early 6-0 deficit.
The Latest: Paul to oppose Trump's pick for State, CIA picks
McMaster - understands the high stakes of keeping smart, level-headed thinkers in the most consequential Cabinet positions. The 11-day trip only featured five and a half days of official events and travel and cost the VA at least $122,334.
Apple's facilities now completely run on clean energy
Dedicated exclusively to Wynn Las Vegas, the Wynn solar facility offsets up to 75 percent of the resort's peak power requirements. The milestone sees Apple produce 626 megawatts of clean energy globally, courtesy of 25 currently-operational energy projects.
Bill Cosby sexual assault retrial begins after delays
Mr Cosby called only one defence witness during the trial previous year , a detective who testified for just six minutes. She was quickly wrestled to the ground by police and charged with disorderly conduct, prosecutors said .
Pentagon Not Conducting Syria Missile Strikes
And a prominent Republican senator warned Trump that a failure to act now could leave him in a weakened posture internationally. The U.S. missile strike was against a Syrian air base which Washington said was used to launch the strike.
Boeing lands $12 billion deal from American Airlines
The institutional investor owned 3,281 shares of the aircraft producer's stock after selling 2,819 shares during the period. The aircraft producer reported $4.80 EPS for the quarter, topping the Zacks' consensus estimate of $2.91 by $1.89.
YouTube shooter was calm when found sleeping in car
These and other pieces of evidence have now led police investigators to look into her possible motives behind the shooting . In a recording of a 911 call posted online by the Los Angeles Times , a dispatcher can be heard saying: "Shooter".
Welbeck comes to Gunners' rescue in bad-tempered game
Southampton remain third-bottom, three points from safety but with a game in hand over Crystal Palace in 17th. Arsenal ramped up the pressure on fifth-placed Chelsea with a 3-2 victory against Southampton at home.
Breaking down the matches for WrestleMania 34
With relative confidence, I think I can say that not many predicted he would be in a mix tag with a debuting Ronda Rousey . Prediction: Everyone thinks that Roman Reigns is going over in this one because Lesnar is leaving WWE to go back to UFC .
US Court sets $50000 bail for Conor McGregor
The judge set bail at US$50,000 (RM194,000) in a package that allows McGregor to travel without restriction. He came into the Barclays Center , attacked our fighters , and attacked my staff with a bunch of guys - no.