Former VW Supervisory Board Chairman Ferdinand Piech looks to be one of the few people benefiting from the company's diesel emissions scandal. With Winterkorn out, two people very close to him are now running the automaker.
German prosecutors in the city of Braunschweig are beginning an investigation into Martin Winterkorn for alleged fraud in VW's diesel emissions scandal. It could be years, though, before the case ever sees a courtroom.
Matthias Muller is officially the new VW Group CEO, but the company's supervisory board is instituting sweeping changes to the corporate structure. Michael Horn remains the boss in the US, but North America is now organized into a new business unit under the current Skoda chairman.
Before Porsche CEO Matthias Müller was promoted to the Volkswagen Group supervisory board, he made remarks on his potential as a successor to Group CEO Martin Winterkorn. His comments were taken to mean he wasn't interested in the job, but he now says his words were misunderstood.
A German newspaper reports that Porsche CEO Matthias Mueller will be promoted to the board of the Volkswagen Group, overseeing cooperation among its sports car brands. It isn't yet clear if he will keep hold onto his position at Porsche.
Porsche is expecting big things from its little Macan, with CEO Matthias Mueller announcing that not only is a sportier GTS model being considered, but that the CUV will almost certainly help push Porsche beyond its 200,000-unit-per-year sales goal three years earlier than expected.
Just days after reporting that Porsche had plans to introduce the Pajun, a competitor for the Mercedes-Benz E-Class that would slot just below the Panamera, Automotive News quoted Porsche CEO Matthias Mueller saying the Pajun was not a done deal but could become reality in five or six years.
This isn't good. Not at all. Automotive News reports that Porsche CEO Matthias Mueller has cooled on the idea of a sub-Boxster Porsche model. Mueller reportedly told German publication Wirtschaftswoche that a vehicle priced under the Boxster could dilute the brand's image, adding that Porsche may need to "wait until the next generation of customers before the idea of a small roadster will work."
Recently, we received word that Porsche was prepping a Ferrari-fighting model that would slot above the 911 and below the upcoming 918 within the Porsche lineup, and now, we have confirmation that this new sports car is, in fact, on its way.
Automotive News recently got the chance to sit down with Porsche CEO Matthias Mueller to go over the company's plans for the future, and one of the juiciest tidbits to crop up from the interview came from a discussion on the possibility of a fully-electric Porsche. When asked about a battery-operated sports car, Mueller said that while some estimates say that 20 percent of all vehicles on the road will be electric by 2020 (says who, we wonder), he believes that figure will likely sit closer to t
Automotive News recently got the chance to sit down with Porsche CEO Matthias Mueller to go over the company's plans for the future, and one of the juiciest tidbits to crop up from the interview came from a discussion on the possibility of a fully-electric Porsche. When asked about a battery-operated sports car, Mueller said that while some estimates say that 20 percent of all vehicles on the road will be electric by 2020, he believes that figure will likely sit closer to three to five percent.
It would seem that some of the rumors surrounding the upcoming Porsche Cajun were greatly exaggerated. Porsche CEO Matthias Müller has announced that his company won't be producing a new small SUV based off of the Audi Q5 in China or anywhere else, for that matter. Müller said that while the future may force his company to consider moving production of one or more models overseas, right now the automaker will stick to cranking out vehicles in Germany. Previously, Porsche had said that