Posts Tagged ‘vw id buzz’

Mueller Out, Diess In at VW – And More Shake-Ups Likely

Automaker restructuring into three groups and may be readying spin-off of truck group.

by on Apr.12, 2018

New VW CEO Herbert Diess unveiled two EVs, including the Buzz microbus, at CEO.

Matthias Mueller, the executive often given credit with steering Volkswagen Group through the worst crisis in its post-War history, has been pushed aside, replaced as CEO by Herbert Diess, the head of the flagship VW brand.

The elevation of Diess comes at a time when Volkswagen is charting a path that calls for greater sales and profits, lower costs, and a decreasing dependence on the diesels that had been a foundation, albeit a troubled one, for the company. Diess will also oversee a restructuring that will reform the parent company into three groups and could lead to the eventually spin-off of its truck and bus division.

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Shaking Things Up!

The 64-year-old Mueller was elevated to CEO in 2015, following revelations that VW had rigged its diesel engines to illegally pass emissions tests. He “has done outstanding work for the Volkswagen Group,” the automakers said in a statement, work that included dealing with angry regulators, shareholders and owners and negotiating settlements, fines and buybacks that ultimately are expected to cost VW about $30 billion in the U.S. alone.

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Volkswagen CEO Mueller Likely to Be Replaced by VW Brand Boss Diess

Mueller helped company weather diesel scandal, but Diess seen as change agent.

by on Apr.11, 2018

Prior to being tapped to head VW after its diesel scandal broke, Matthias Mueller ran Porsche.

Volkswagen Group CEO Matthias Mueller is expected to be forced out at a management meeting Friday, with VW brand boss Herbert Diess expected to replace him, according to reports out of Germany.

The shake-up, which has apparently been in the works for months, has the blessing of some of VW’s top shareholders, as well as its chairman and powerful labor chief. It will mark the most extensive management moves since shortly after the automaker’s diesel emissions scandal broke in September 2015.

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VW issued a short statement noting it is considering “a further development of the management structure of the group which would also be associated with personnel changes in the board of management.” The statement hinted that changes under study “could include” the naming of a new CEO, adding that Mueller himself “showed his willingness to contribute,” suggesting the 64-year-old executive might voluntarily step aside rather than fight to retain his post. He is currently under a contract set to continue through 2020.

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VW Squashing the Beetle at End of Current Generation

“You can’t have a new, new, new Beetle,” says R&D chief.

by on Mar.07, 2018

The Dune Edition of the latest Beetle is shown with a Baja version of the original Bug.

Get ready to say buh-bye to the Beetle. Oh, you didn’t know they were still building it? Well, that may explain why Volkswagen is getting set to phase out the once-iconic coupe when the current, third-generation model reaches the end of its lifecycle.

Now, Volkswagen wouldn’t be Volkswagen without at least one icon in its line-up, but Frank Welsch, the brand’s R&D chief, told Britain’s Autocar that the focus will shift to the soon-to-be-reborn I.D. Buzz, an all-electric take on the classic Volkswagen Microbus that is due to market early in the coming decade.

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Noting that VW tried to revive the Bug with the “New Beetle,” and then redid it one more time, Welsch said enough is enough. “You can’t do it five times and have a new, new, new Beetle,” ad infinitum. In fact, the VW board did consider a way to keep the Beetle alive, but it turned thumbs down to the idea of an all-electric version during a product meeting last November.

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VW Investing Over $40b on EVs, Autonomous Vehicles

German automaker ups ante in increasingly costly tech battle.

by on Nov.17, 2017

The VW I.D. Crozz concept will become a production battery-electric SUV.

Volkswagen AG said Friday it will spend over 34 billion Euros, or $40 billion between now and 2022 on electrified powertrain technology, autonomous vehicles and other futuristic concepts, aiming to leapfrog key competitors like General Motors and Toyota.

VW already announced plans to offer electrified variants of every model sold by its dozen passenger car brands, including 50 all-electric models, between now and 2025. It also is developing electrified commercial vehicles.

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“We are laying the foundation for making Volkswagen the world’s number-one player in electric mobility by 2025,” Chief Executive Matthias Müller said. “The entire automotive industry is facing fundamental changes in the coming years, which will provide great opportunities, but also require us to put in tremendous efforts.”

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Kia, Nissan Claim Top Honors Among New Models at Detroit Auto Show

Eyes on Design honors the best of the best.

by on Jan.10, 2017

Kia generated plenty of excitement - and an award - with the debut of its new Stinger.

More than 40 new cars, trucks and crossovers made their debut at the North American International Auto Show during the event’s annual media preview, and while some are no more than basic transportation, many are “rolling sculpture…the equal of the work of an artist like Rodin,” said Dr. Philip Hessburg, founder of the annual Eyes on Design Awards.

They honor the most striking products to make their first appearance at Detroit’s Cobo Center each year, a jury of some of the industry’s top designers empowered to pick among the work of their peers.

Best of the Best!

This year, the jury handed out seven awards – with Nissan nabbing two for the distinctive Vmotion 2.0 concept it introduced on Monday. Hailed as both Best Concept Car and the new vehicle making the Best Use of Color, Graphics and Materials, the Vmotion 2.0 is “just a concept car,” Nissan global creative director Shiro Nakamura told TheDetroitBureau.com.

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