VW names new CEO

Volkswagen has named Matthias Mueller, head of its luxury sports car brand Porsche, as its new chief executive.

|||

Wolfsburg -Embattled German carmaker Volkswagen on Friday named Matthias Mueller, head of its luxury sports car brand Porsche, as its new chief executive, tasked with steering it out of the wreckage of its pollution test rigging scandal.

Mueller, 62, will take over with immediate effect, replacing Martin Winterkorn who stepped down two days earlier, said the head of the supervisory board, Berthold Huber, in the carmaker's headquarters in Wolfsburg, northern Germany.

Mueller said on Friday his priority is to win back trust that has been lost in the company after a scandal over its rigging of diesel emissions tests.

"Under my leadership, Volkswagen will do all it can to develop and implement the strictest compliance and governance standards in the whole industry," Mueller said in a statement.

AFP