Politicians from Volkswagen’s home region of Lower Saxony are raising questions over the unanticipated departure of the German automaker’s compliance chief, Christine Hohmann-Dennhardt, saying they have concerns over how the supervisory board handled the matter. There has been a long-standing apprehension among investors and business analysts that VW is too tightly controlled by its founding Porsche-Piech family and incapable of amelioration.
On Wednesday, Deutsche lawmakers called for a formal inquiry on the matter.
Hohmann-Dennhardt was brought aboard very late in 2015 to assist in Volkswagen’s reformation following the diesel emissions cheating scandal. However last month, after only a year on the job, she left abruptly with a sizable pension and gargantuan severance.
Volkswagen AG has announced a new U.S. unit that will manage its hefty court-mandated investments in zero-emission vehicle infrastructure and green awareness programs.
Electrify America LLC, located in Reston, Virginia, is supposed to be entirely separate from Volkswagen Group’s automotive brands and owned as a subsidiary of VW of America. It will oversee $2 billion in initiatives to promote the use of zero emissions vehicles in the U.S. over the next ten years as part of VW’s diesel emissions settlement.
Christine Hohmann-Dennhardt, Volkswagen’s outgoing compliance chief, will receive at least $12 million for her time with the company — with the possibility for as much as $16.1 million (15 million euros). Hohmann-Dennhardt, who was brought on to get VW through its messy emissions crisis, was canned by the automaker last week. The company attributed the “amicable” split to a “disagreement in the understanding of responsibilities and future operating structures within the function she leads.”
New reports indicate that a central aspect of those disagreements involved Volkswagen’s upper management attempting to stop Hohmann-Dennhardt from exposing any additional information on how the emissions scandal transpired.
Christine Hohmann-Dennhardt, Volkswagen Group AG’s compliance chief, is leaving the company after disputes with VW’s senior management regarding her responsibilities. Those duties primarily revolve around ensuring the automaker adheres to regulatory requirements — something Volkswagen has had a difficult time with as of late.
After only a year with the company, Volkswagen confirmed Hohmann-Dennhardt will be leaving at the end of this month. According to an official statement, her exodus is “due to differences in their understanding of responsibilities and future operating structures within the function she leads.”
Considering her role on the supervisory board consisted wholly of seeing Volkswagen through the devastating emissions crisis while improving its image and ensuring it did not commit anymore egregious unlawful acts, you have to wonder what those differences in understanding entailed.
The Environmental Protection Agency alleged last week Fiat Chrysler Automobiles had installed undisclosed emissions software in 104,000 of its diesel vehicles — issuing the company a notice of violation for its Jeep Grand Cherokee and Ram 1500.
While the EPA continues its investigation into whether or not FCA will become the next Volkswagen, Canadian law firm Sotos LLP and America’s Heninger Garrison Davis LLC have coincidentally teamed-up to launch class action lawsuits on behalf of consumers.
If you were considering stripping your Volkswagen diesel prior to returning it, hit the brakes on that project immediately. VW’s nonspecific wording in the buyback terms created a gray area of legality that a few emissions scandal-affected owners decided to test, removing unessential portions of their 2.0-liter TDI-equipped models.
However, after a particularly thorough set of peelings, a federal judge warned opportunistic owners not to strip parts out of their vehicles before attempting to sell them back to Volkswagen through the company’s emissions settlement.
Volkswagen and Audi have begun buying back the thousands of 2.0-liter diesel cars sold involved in its emissions cheating scandal. The deal requires the company to offer buybacks to the 475,000 affected owners. However, the settlement does not carefully outline what condition those returned vehicles have to be in.
Some owners are taking that inch for the full mile and stripping their VWs down before returning them to the company to get their big fat check.
European Union officials are threatening to sue four countries, including Germany and Britain, for permitting Volkswagen AG to sell vehicles that were designed to cheat on emissions tests. The union has faced growing criticism for taking a more laissez-faire approach to handling the issue while the United States forced the company to settle $15 billion in legal claims.
Meanwhile, German regulators are looking into whether Porsche intentionally manipulated fuel economy data on its vehicles — creating a potential subplot in Volkswagen’s never-ending emissions-cheating scandal.
Sometimes a manufacturer churns out a base trim that might not be the best of its range but represents a merciful departure from the rattletrap boxes of sadness which, not too many years ago, used to be hawked by OEMS as their base wheels. Here’s an example.
Sure, it’s easy to mock Volkswagen these days. The diesel emissions scandal has scuppered the brand in the eyes of a number of consumers, adding to traditional VW stereotypes such as high repair and maintenance costs. All the same, excluding an entire brand from consideration because of a single wayward trimline is akin to throwing out a fifty pound sack of potatoes because of one rotten spud.
In the past, Americans treated hatchbacks with a degree of disdain generally leveled at soiled copies of Utne Reader. The Golf is definitely one of the better hatchbacks out there. Does its base S model pass the Ace of Base litmus test?
Volkswagen appears to be suiting up for an impending battle. The road has been a long and difficult, but the diesel emissions scandal seems as if it’s about to begin its third and final act.
Dozens of German Volkswagen AG officials have hired criminal defense lawyers as the United States Department of Justice elevates its investigation into the company. U.S. authorities have traveled across the Atlantic to conduct additional interviews with managers and gather further evidence on VW’s plot to elude America’s emission regulations.
There are currently over one thousand 2014 through 2016 model year Cayenne TDIs in the United States that Porsche cannot sell, all thanks to VW Group’s ongoing emissions fiasco. You might be wondering what Porsche plans to do with its stop-sale utility vehicles. Recycle them? Ship them all to Germany? Burn them on the world’s largest-ever funeral pyre?
As U.S. and European authorities gear-up for another round of investigations, Volkswagen confirmed Audi did produce cars equipped with software that can distort emission test results. Although VW was careful not to be too committal in its wording, hinting at it being a handy driver’s assist instead of a defeat device.
This must be a great time to be a corporate lawyer.
The automotive media slobbered over the redesigned 2015 Volkswagen GTI sporty hatchback ever since its introduction two years ago. I put 13,500 miles on mine over the past year and I agree that it is one of the great all-around fun cars available today.
I just went through the process of selling it, and that is when the real fun began.