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VW's new chief could visit US this week VW's new chief could visit US this week
(35 minutes later)
Volkswagen’s new boss Matthias Müller is expected to make a dash to the United States to apologise for the emissions testing scandal, which has rocked the global car industry.Volkswagen’s new boss Matthias Müller is expected to make a dash to the United States to apologise for the emissions testing scandal, which has rocked the global car industry.
VW’s board wants Müller, who replaced Martin Winterkorn as chief executive just over a week ago, to make the trip to show humility even before he is summoned by US authorities, German magazine Der Spiegel reported.VW’s board wants Müller, who replaced Martin Winterkorn as chief executive just over a week ago, to make the trip to show humility even before he is summoned by US authorities, German magazine Der Spiegel reported.
Related: VW scandal is 'heavy blow' for German economy, says EU's Martin ShulzRelated: VW scandal is 'heavy blow' for German economy, says EU's Martin Shulz
The news of the visit, which could come as early as this week, came as Volkswagen took out full-page ads in Germany’s Sunday papers to say: “We will do everything possible to win back your trust.” A tiny VW logo appears at the bottom of the largely white ads.The news of the visit, which could come as early as this week, came as Volkswagen took out full-page ads in Germany’s Sunday papers to say: “We will do everything possible to win back your trust.” A tiny VW logo appears at the bottom of the largely white ads.
The world’s largest carmaker has admitted to US regulators that it fitted up to 11m diesel vehicles worldwide with software that manipulated emissions tests, including 2.8m in Germany and 1.2m in the UK. The company faces a regulatory fine of $18bn (£11.8bn) in the US, as well as a number of class-action lawsuits and criminal investigations around the world.The world’s largest carmaker has admitted to US regulators that it fitted up to 11m diesel vehicles worldwide with software that manipulated emissions tests, including 2.8m in Germany and 1.2m in the UK. The company faces a regulatory fine of $18bn (£11.8bn) in the US, as well as a number of class-action lawsuits and criminal investigations around the world.
The German chancellor, Angela Merkel, labelled the scandal a “dramatic” event and called on the carmaker to provide the “necessary transparency”. She told Deutschlandfunk: “But I think the reputation of German industry... is not so shaken that we are no longer considered a good place to do business.”The German chancellor, Angela Merkel, labelled the scandal a “dramatic” event and called on the carmaker to provide the “necessary transparency”. She told Deutschlandfunk: “But I think the reputation of German industry... is not so shaken that we are no longer considered a good place to do business.”
However, the head of the European parliament, Martin Schulz, said the scandal was a “heavy blow for the German economy as a whole”. Schulz, a German Social Democrat, added: “ I believe that Volkswagen is a strong company that has every chance of surviving the crisis.”However, the head of the European parliament, Martin Schulz, said the scandal was a “heavy blow for the German economy as a whole”. Schulz, a German Social Democrat, added: “ I believe that Volkswagen is a strong company that has every chance of surviving the crisis.”
Incoming Volkswagen chairman Hans Dieter Pötsch told staff in Wolfsburg that the crisis threatens the company’s survival – but added that it could be overcome, according to German newspaper Welt am Sonntag. At least 10 senior managers have been suspended. The incoming Volkswagen chairman, Hans Dieter Pötsch, told staff in Wolfsburg that the crisis threatens the company’s survival – but added that it could be overcome, according to German newspaper Welt am Sonntag. At least 10 senior managers have been suspended.
Bild am Sonntag reported that several VW engineers said development chief Ulrich Hackenberg, who is among those suspended, knew about the manipulation, or even commissioned it, but there were some contradictions in their statements.Bild am Sonntag reported that several VW engineers said development chief Ulrich Hackenberg, who is among those suspended, knew about the manipulation, or even commissioned it, but there were some contradictions in their statements.
The company is racing to meet a deadline, set for this Wednesday by Germany regulators, to come up with a plan to bring diesel cars in line with emissions requirements. The majority of affected cars can be fixed by upgrading the software, but some will require changes to the engines.The company is racing to meet a deadline, set for this Wednesday by Germany regulators, to come up with a plan to bring diesel cars in line with emissions requirements. The majority of affected cars can be fixed by upgrading the software, but some will require changes to the engines.
The US regulator, the Environmental Protection Agency, has widened its investigation to include diesel models by other carmakers, including BMW, Chrysler, General Motors, Land Rover and Mercedes-Benz.The US regulator, the Environmental Protection Agency, has widened its investigation to include diesel models by other carmakers, including BMW, Chrysler, General Motors, Land Rover and Mercedes-Benz.