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| Volkswagen's US chief leaves troubled German carmaker | Volkswagen's US chief leaves troubled German carmaker |
| (35 minutes later) | |
| Volkswagen's top executive in the US is stepping down nearly six months after the German carmaker became engulfed in the diesel emissions scandal. | Volkswagen's top executive in the US is stepping down nearly six months after the German carmaker became engulfed in the diesel emissions scandal. |
| Michael Horn, president and chief executive officer of Volkswagen (VW) of America since 2014, is leaving "through mutual agreement", the company said. | Michael Horn, president and chief executive officer of Volkswagen (VW) of America since 2014, is leaving "through mutual agreement", the company said. |
| The statement made no mention of the emissions issue, disclosed by US regulators last year. | The statement made no mention of the emissions issue, disclosed by US regulators last year. |
| Another US executive, Hinrich Woebcken, takes over on a interim basis. | Another US executive, Hinrich Woebcken, takes over on a interim basis. |
| Mr Horn's departure comes as VW continues to negotiate with US environmental regulators, the Department of Justice, and lawyers representing consumers who are suing the company for compensation. | Mr Horn's departure comes as VW continues to negotiate with US environmental regulators, the Department of Justice, and lawyers representing consumers who are suing the company for compensation. |
| VW said Mr Horn's departure was "effective immediately". | VW said Mr Horn's departure was "effective immediately". |
| In VW's statement, Herbert Diess, chief executive of the Volkswagen Passenger Cars brand, said: "I want personally to say 'thank you' to Michael Horn for the great work he has done for the brand and with the dealers in the United States." | |
| Volkswagen has admitted that its Volkswagen, Audi and Porsche diesels, marketed as environmentally friendly, were equipped with devices that lowered emissions results during tests. | |
| Almost 600,000 VW cars in the US are affected, but the company says about 11 million vehicles worldwide were fitted with the engine software. | |
| VW has acknowledged that the costs for recalls, compensation and fines could run into many billions of euros. | |
| Last September, just after US regulators disclosed VW's use of the so-called "defeat devices", Mr Horn, 54, said at a vehicle launch event that the company "totally screwed up". | |
| Mr Woebcken, the North American regional chief and chairman of Volkswagen Group of America, takes over immediately. |