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Volkswagen set to announce new boss

M Business Desk |
Update: 2015-09-25 01:47:00
Volkswagen set to announce new boss Photo Courtesy: usatoday.com

DHAKA: The board of scandal-hit Volkswagen meets on Friday to shake up its management.

On the agenda will be choosing a replacement for chief executive Martin Winterkorn, who resigned on Wednesday.

The board may try to find a permanent successor quickly, or it may appoint a temporary chief executive.

It is also expected to dismiss executives tainted by the scandal over the rigging of emissions tests by software in its diesel cars in the US.

In addition, further details on the brands and locations of the 11 million cars involved are due to be set out.

US authorities found that software in a particular diesel engine used by Volkswagen could detect when it was being tested and reduce the emissions produced.

It meant that the emissions in actual driving were considerably higher than those found during testing.

BDST: 1135 HRS, SEPT 25, 2015
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