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Volkswagen CEO Matthias Mller Under Investigation for Diesel Knowledge
Volkswagen Group CEO Matthias Müller is under investigation in Germany over the possibility he withheld important information on the company’s emissions scandal to investors, as well as potential market manipulation relating to Porsche. While public prosecutors continued to broaden their search among high-ranking company officials, the inclusion of the CEO is a bit of a surprise.
It was widely believed Müller would be free from scrutiny as he was appointed to replace ex-CEO Martin Winterkorn shortly after the emissions scandal went public in September 2015. Initially, German investigators even stated the CEO was not suspected of any wrongdoing. Then, in March of 2017, prosecutors launched a raid that seized the mobile phones, electronic passwords, appointment books, and email files of numerous Volkswagen and Audi employees — including Müller.
VW Refuses to Share Probe Findings With Angry Investors
Volkswagen AG announced at its annual shareholders meeting this week that it will not be publishing the findings of an external investigation into its diesel emissions scandal conducted by the Jones Day law firm. The reason for VW’s secrecy is due to an underlying fear among management that the information held in the report would lead to further lawsuits and fines.
VW Chairman Hans Dieter Pötsch addressed the thousands of shareholders by first thanking the U.S. legal team for its hard work and then explaining there was no way in hell anyone outside of the company would benefit from its findings — tossing any promised transparency out the window.
Ferdinand Piech to Lose Board Seat at Porsche SE and Remaining Pull at Volkswagen
Former chairman of Volkswagen’s supervisory board Ferdinand Piech may soon be losing his seat on the Porsche SE board as well. While the Porsche and Piech families have combined their VW holdings in Porsche SE, its shareholders are voting on the future makeup of the company’s supervisory board at its annual meeting on May 30. However, a complete list of of candidates has to be decided upon by mid-April and Piech’s name seems to be absent from the early draft.
Wolfgang Porsche and Ferdinand’s brother Hans Michel Piech are both on the list of candidates, but Ferdinand Piech is not, according to the German weekly Bild am Sonntag, citing a person close to the matter. They hypothesized that the decision has more than just a little to do with Piech’s recent behavior regarding the VW emissions probe.
Volkswagen AG Broke Our YouTube
The Verge has an article today about the arduous process of hoops YouTube makes publishers jump through if a copyright infringement claim is made against a video. It’s an interesting look behind the scenes of video publishing and the tools YouTube makes available to copyright holders wanting to protect intellectual property. It also highlights the lack of human-based recourse publishers have when it comes to hollow copyright claims.
“Fair use” allows limited use of copyrighted material. This is how parodies and satires get around certain legal restraints. Fair use is also why we can use snippets of articles from other outlets, so long as we don’t use those articles in their entirety.
Even further, automakers make materials available for editorial use on their own press portals. This material is offered free of charge by automakers so we can pimp their products. But sometimes they make a mistake and post the wrong thing.
Volkswagen posted the wrong thing. And now our YouTube channel is crippled.
Volkswagen Expects 'Limited Growth' In US Through 2017, Supplier Arrives In Tennessee
Volkswagen USA CEO Michael Horn says the automaker expects “limited growth” until its new SUVs arrive, while one of its suppliers sets up shop in Tennessee.
Volkswagen Supervisory Board Meeting Monday To Discuss New Chairman
A week after Volkswagen Group chairman Ferdinand Piëch quit his post, the company’s supervisory board will meet Monday to discuss finding a replacement.
Ferdinand Pich Objects Appointment Of Nieces To Volkswagen Board
Ferdinand Piëch isn’t Volkswagen’s chairman anymore, but he doesn’t want a couple of his relatives to replace him and his wife on the board, either.
Led By New A3, Entry-Level Autos Are Carrying The Load For Audi USA
March was the highest-volume U.S. sales month in the Audi A3’s decade-long history. Never before had the A3 topped the 3000-unit mark, but March volume climbed to 3081 sales, equal to 18% of Audi USA’s volume last month.
Year-over-year comparisons for the A3 are all but completely invalid, as a hiatus between the departure of the A3 hatchback and the current A3 sedan resulted in a three-month-long sales-free period between November 2013 and January 2014. That period was followed by only 863 sales during the new A3’s first two months of February and March 2014.
2015’s first-quarter was, however, the best quarter yet for the new A3 despite the fact that January-March is the slowest period of the year for auto sales in the United States.
UAW Proposing Works Council At VW Tennessee Plant 'Soon'
Now that the United Auto Workers have won full access to Volkswagen’s Chattanooga, Tenn. factory under VW’s community engagement policy, what will it do with its newfound power? Propose a works council, of course.
UAW Local Wins Full Access To VW Chattanooga Factory
It’s official: The United Auto Workers have won the right to hold meetings at Volkswagen AG’s Chattanooga, Tenn. facility, further paving the path toward full organization.
Next-Gen Audi Q7 First VW Product With Diesel PHEV Option
When the next-gen Audi Q7 turns up in showrooms next year, it will be the first among Volkswagen AG’s offerings to have a diesel PHEV option.
Daimler, Volkswagen Urge Independence From Google Data Platform
Google knows what you’re thinking. If you decide to search for brown diesel manual station wagons that bring out your inner American, Google will auto-complete that very phrase as one of its suggested searches as soon as you type out the word “bro.”
Daimler AG and Volkswagen AG aren’t too thrilled with this electric eye’s ability, urging its fellow automakers to develop automotive data platforms that would secure sensitive customer information from the Mountain View, Calif. tech giant.
UAW VW Road Map Guiding March To Mercedes-Benz
Following the same road map that led to the ongoing organization efforts at Volkswagen’s plant in Chattanooga, Tenn., the United Auto Workers have allied with German union IG Metall and Daimler’s works council on their march toward Mercedes-Benz’s MBUSI plant in Vance, Ala.
Volkswagen Looks Within to Solve "The American Problem"
Despite giving the old college try for decades, Volkswagen is still confounded by the lack of cachet their namesake brand holds among the hearts and minds of many an American. With VW of America CEO Jonathan Browning stepping down and returning to the United Kingdom at the end of this year, the Wolfsburg automaker hope one of their own, successor Michael Horn, will be able to finally crack the code of success in the United States.
Meet The New Porsche (And VW) Board Members
Hide the liquor, hide the women (or not): The supervisory board of Porsche and Volkswagen will get new members, all the way from Qatar. Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani will be crowned new member of the Supervisory Board of Porsche Holding SE. Officially, this needs the votes of the stockholders meeting which will take place on January 29th. But trust me, it’s all done.
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