Volkswagen has promised investors that head will roll in wake of the ‘diesel’ scandal that has resulted in the car marque’s first quarterly loss in 15 years, as it faced analysts for the first time since news of the rigged emissions tests emerged.
The company’s newly instated chief executive Matthias Mueller said that it will be “ruthless” in punishing those involved. “And we will be comprehensive in learning from it so something like this never happens again,” he added. It has enlisted Deloitte to root out those responsible.
Mueller wnt on to issue a five point plan documenting Read full story ›
Source: The Drum