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For the executive, the switch was a symbol of his commitment to reversing years of underperformance in the world’s most competitive auto market.

Alongside Mueller’s appointment, the supervisory board also approved changes to the management structure – aimed, the company said, at scaling back complexity and strengthening brands and regions.

“The artificial gaming of emissions tests threatens to become the auto industry’s Libor moment”, he told the newspaper.

The Environmental Protection Agency told automakers on Friday that it will begin road tests of all new vehicle models and vehicles already on the road to examine emissions claims following the exposure of Volkswagen’s regulation-cheating scandal.

Last week it came to light that Volkswagen has admitted to the U.S. Environmental Protection Agency that it used software in 482,000 of its diesel cars sold in the U.S.to trick emissions tests.

Following are responses from other national regulators.

Calling the cheating a ‘moral and policy disaster, ‘ the company’s supervisory board chief Berthold Huber said the group is now looking to Mueller, who ‘knows the company and its brands, ‘ to tackle the crisis.

“We expressly value his critical and constructive approach”. 23, 2015 he is stepping down.

VW has admitted to installing software on Volkswagen and Audi cars with four-cylinder diesel engines that switches on pollution controls when they are being tested.

But it’s not just emission figures that are at fault.

Standard & Poor’s warned it may cut Volkswagen‘s credit rating over the pollution cheating scandal, as fellow rating agency Fitch did on Wednesday. “Clearly, when you look at his profile, he’s had a very Volkswagen-centric career”, says...

It is not yet clear to what extent the scandal affects other brands in the Volkswagen Group, which has 12 brands in all, including Seat, Audi, Skoda and Porsche.

The software at the center of Volkswagen’s emissions scandal in the US was built into the automaker’s cars in Europe as well, Germany said Thursday, though it isn’t yet clear if it helped cheat tests as it did in the U.S.

VOLKSWAGEN cars in Europe have been confirmed to have the same “device defeating” software that has embroiled the company in a global controversy.

Winterkorn, 68, was Volkswagen (VLKAY) CEO for eight years.