The new CEO at Volkswagen has a huge plate load of things to worry about as he starts his first full week on the job. Former Porsche Chief Matthias Muller has to figure out a way to restore consumer confidence in the brand, deal with any number of lawsuits and government investigations of its emissions software, and meet an October 7th German government deadline on how and when it will bring its diesels in line with pollution laws, according to a German newspaper. And new revelations indicate that VW received a warning from Bosch in 2007 about using its software to circumvent pollution regulations, according other newspaper reports. Switzerland has temporarily banned the sale of diesels with the controversial software.
Dr. Herbert Diess, CEO of the VW Passenger Cars Brand, said the automaker is “working at full speed on a solution” that it will present to the public “as swiftly as possible.”
How is General Motors doing without a deal with Fiat Chrysler? We will find out on October 21 when GM announces third quarter results. Look for trucks and SUV’s to shore up the old bottom line.
Rolls-Royce announced that its president of North American operations, Eric Shepherd, is leaving on New Year’s Day. He will be succeeded by Pedro Mota who will join Rolls from Porsche of North America where he served as vice president.
Mini announced its refurbished Clubman will carry a starting price of $24,100 for the Cooper Model. The Cooper S variant will start at $27,650, both sans shipping charges. Owners seeking a luxury touch can specify Indigo blue-dyed leather seats with diamond-stitching in the “pattern of classic English Chesterfield sofas”, or Burgundy leather with environmentally friendly Dinamica trim. It is a mico-fiber and its maker guarantees eco-sustainability.