Thursday, March 10, 2016

Volkswagen’s US chief Michael Horn resigns with immediate effect – Auto Motor & Sport

Volkswagen's US chief Michael Horn avg  & # xE5; r with immediate effect
Michael Horn was a popular chief among US VW dealers. But now he can go. Photo: Chip Somodevilla / Getty Images

Just days after Volkswagen exhaust fraud became known last autumn was the US manager Michael Horn before a large audience in new York to present the new Passat. Horn “made a poodle” and used a very straight languages:

“Our company was dishonest, with the EPA and the California Air Resources Board, and with all of you and in my German words, we have totally screwed up. “ (we were dishonest and we screwed up completely).

it has been half a year then diesel scandal exploded and cooperation between Volkswagen and the US authorities have been very slow. Volkswagen has unveiled a package of measures to correct the cars in the US but the response from the EPA and CARB was as chilly as succinctly: “Not enough.”

Now there is a time limit exposed and before March 24 must be Volkswagen see a technical solution for the cars must meet the emission standard. The measures will be costly, but then face both fines and damages for the double-digit billions.

In this strained situation “sacrifice” Volkswagen his US boss. During Wednesday night announced that Michael Horn ends his post with immediate effect to “seek new opportunities”, as it is called, and both parties say they agree on the departure.

The assignment as VW’s US chief taken over until further Hinrich J. Woebcken. The area of ​​responsibility is vast and includes both product development, production and sales in North America – including Canada and Mexico.

Large parts of Volkswagen top leadership is now replaced but Michael Horn is probably not the last VW boss who must take a step to the side. How much was known about the exhaust cheating in Volkswagen’s top management is not clear, but more details teaches arrive during the utanonserade press conference 28 April. The Shareholders’ Meeting is postponed to 22 June. The German prosecutor investigating the matter has now expanded group of suspects from five to 17 people.



All information about “Diesel Gate” (click to read more)

   
   

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Michael Horn is not the last VW boss who gets fired.

 
 
 
 
 

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