Volkswagen to pick Porsche’s Matthias Muller as new CEO

According to the EPA website: “The November alleges that four-cylinder Volkswagen and Audi diesel cars from model years 2009-2015 include software that circumvents EPA emissions standards for certain air pollutants”.

However, the crisis is still deepening.

Volkswagen has said it will contact drivers of affected cars in the U.S. but that the vehicles pose no safety risk.

On Friday the European Union said it started work in 2011 on research into “differences between lab tests and emissions”.

In a statement to Cars.com, Mercedes-Benz said it “does not use defeat devices, which illegally limit the effectiveness of the exhaust after-treatment system”.

He said after being appointed to the job on Friday that “we stand by our responsibility”.

The software in the cars’ engine-control computers could detect testing conditions and prompt the cars to remove nitrous oxide, a harmful emission created by burning diesel. The company has been forced to set aside 6.5 billion euros ($7.3 billion) to cover the cost of the scandal, and the final bill could be many times that.

More immediately, the new CEO will have to restore the confidence of customers and motor dealers, who have expressed frustration at a lack of information about how they will be affected by the scandal.

Experts say Mueller must ensure Volkswagen isn’t hiding anything else.

THE head of German luxury sports carmaker Porsche, Matthias Mueller, has been picked to succeed Martin Winterkorn as the chief executive of scandal-battered auto giant Volkswagen.

A number of employees have been suspended pending an internal investigation. The news tanked the company’s stock, shook the confidence of its customers and has ignited an executive exodus across Volkswagen and sister brands Audi and Porsche.

The company is under pressure to act decisively, with German Chancellor Angela Merkel urging it to quickly restore confidence in a business held up for generations as a paragon of German engineering prowess.

(Don’t worry: he’s got a $67 million severance package.) There’s a great deal of debate about other VW top brass resigning or being fired, including USA chief Michael Horn. Yes, we banned them.

The wider auto market has been rocked too, with manufacturers fearing a drop in sales of diesel cars and tougher testing.

A big question circulating now is: Was Volkswagen the only perpetrator of emissions results trickery, or have other carmakers done similar things?

The chief executive of one of the world’s leading automakers, Volkswagen, has resigned after admitting to knowing about 11 million cars falsely passing emissions tests.

Volkswagen’s board appointed Mueller after a meeting that lasted several hours.

“It is premature to comment on whether any specific immediate surveillance measures are also necessary in Europe and [on] the implications for vehicles sold by Volkswagen in Europe”, said a spokesperson for the European Commission.

On Monday, he appeared at an event in New York to introduce the 2016 Volkswagen Passat and acknowledged that the company “totally screwed up”.

Volkswagen’s 20-member supervisory board was scheduled to meet at their headquarters in Wolfsburg to designate the new leader.

The task facing Mueller is enormous, with the latest issue of influential German weekly Der Spiegel showing pall-bearers carrying a Volkswagen vehicle decked out as a coffin under the headline “The Suicide”.

All automakers do everything they can to look good in fuel consumption and pollution tests, including exploiting loopholes, Holweg told CNNMoney.