2023 Author: Eric Donovan | [email protected]. Last modified: 2023-08-25 09:36
Stephan Weil does not see VW boss Matthias Müller in the line of fire because of the EPA's new allegations. Lower Saxony's Prime Minister is pushing for the deficiencies to be cleared up quickly.
From the point of view of VW supervisory board Stephan Weil, the dispute between the US environmental authority EPA and Volkswagen is not a burden for the new CEO Matthias Müller. His professional fate does not depend on the new allegations with which the EPA is also targeting Porsche, as the Prime Minister of Lower Saxony said in an interview with the German Press Agency.
Weil calls for a swift processing by VW
The US authorities accuse the automaker of using prohibited software functions to improve the exhaust gas values even with larger diesel engines. VW denies that. Unlike older allegations about smaller engines, the new allegations are also aimed at Porsche. Müller was the head of the sports car manufacturer until he followed Martin Winterkorn, who had resigned, in the maelstrom of the emissions crisis.
In the possible financial consequences of the scandal, which also affect the state of Lower Saxony as the second largest VW shareholder, Weil sees a direct connection to the speed of the crisis management in Wolfsburg. It is true that the question of the consequences - such as a shrinking VW dividend or falling tax revenues - is "currently not easy to answer," said Weil. But one thing is certain: “It will be crucial to maintain the trust of customers through complete clarification and rapid elimination of existing defects. If this succeeds, the consequences will be much easier to cope with. " (dpa)
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