Volkswagen 'Considering' Replacing CEO Matthias Mller With the Diess Man

Volkswagen Group is thinking about replacing chief executive Matthias Müller with the head of its VW brand, Herbert Diess. According to inside sources, however, the decision already appears to have been made. When questioned about staffing changes, the company said it was “considering evolving the leadership structure” as it relates to the the management board — which could extend to a change in CEOs.

An automaker typically wouldn’t even hint at such a thing if it wasn’t already a done deal. That means Müller is almost guaranteed to be moving on soon, bringing his extended history with the company to a close. A true company man, Matthias completed a tooling apprenticeship at Audi in 1977, before a reprieve where he left to study computer engineering. Returning to the brand in 1984, Müller moved up the ranks swiftly — eventually becoming CEO of Porsche in 2010 and replacing Martin Winterkorn as Volkswagen AG’s CEO during 2015’s diesel emissions scandal.

While his contract is good until 2020, the company could still press for an early retirement. In fact, some reports even have Müller removed from his post already.

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Volkswagen Forges New Auto Union Through Reorganization

Volkswagen Group is reorganizing itself into a decentralized organization with four holding companies to better handle high production costs.

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  • ToolGuy "Ford expects to see Pro have a $6 billion pre-tax profit this year and Blue a $7 billion pre-tax profit."• That's some serious money from commercial vehicles (the 'Pro' part)