VW on the move Now13 Apr 2018 11:31
The shake-up, which has apparently been in the works for months, has the blessing of some of VW�s top managers and shareholders, and it reflects the sense that Mueller was not working fast enough to both cut costs and reposition Volkswagen�s dozen brands as leaders in the fast-changing automotive world � especially in terms of new technologies like autonomous and electric vehicles, as well as new mobility services.
With a doctorate in factory automation, Diess was given a mandate by Winterkorn to slash 5 billion euros, or $6 billion, in the flagship brand�s costs. But he quickly proved to be more than just a budget-cutter. Under Diess, the VW division quickly shifted focus from diesels to electrified vehicles, even announcing plans to launch an entirely new sub-brand to market products like the all-electric I.D. Buzz, a successor to the iconic VW Microbus of the hippie era.
Mmmm , and I wander if this is us ????
�It said the truck and bus division, the fourth business group, would be made ready for capital markets, a step that could include selling shares in the division. It did not detail the fifth and sixth business divisions. �
https://www.nbcnews.com/business/autos/still-reeling-after-its-diesel-scandal-volkswagen-shakes-its-c-n865101
Could this have been the delay ??????????????????