German vehicle giant Volkswagen is set to replace its chief executive Matthias Mueller Thursday, as it struggles to move on from the "dieselgate" emissions scandal that has mired the company since 2015.
Business newspaper Handelsblatt reported that Herbert Diess, head of the VW brand - one of the group's 12 makes of cars, trucks and motorbikes - was slated to take Mueller's place.
Volkswagen said it was breaking the business into six new vehicle divisions and a special portfolio for the China region.
The new structure will include three brand groups: volume products, premium and super premium.
"The Volkswagen Group's goal is and remains to align the Company and its brands with future needs, to safeguard its position among the leaders of the worldwide automotive industry with innovativeness and profitability, and to be instrumental in shaping tomorrow's personal mobility with the strength of our Group brands", said Chairman of the Supervisory Board, Hans Dieter Pötsch.
Volkswagen will carve out a trucks and buses division that includes MAN and Scania heavy-truck brands, the source said, adding that Volkswagen's MAN Turbo and Renk units would be put into a further division.
PREVIOUS STORY: FRANKFURT, Germany (AP) - Volkswagen Group says it is contemplating a management reshuffle that raises questions about CEO Matthias Mueller's future with the company.
Third-party fix services will not void your warranty — FTC
Companies can't put warranty stickers on their products and claim the warranty is void if you remove the sticker, the FTC says. The Xbox One has a sticker that, if broken or removed, implies to Microsoft that a third party has opened the device.
Analysts welcomed the appointment of Diess, a former BMW executive who has more than doubled profitability at the VW brand since taking charge in 2015.
The company also is replacing its heads of human resources and purchasing. Earlier this week, sources told Reuters that Kilian would replace Blessing.
The company made other changes in top posts.
The statement continued: "He assumed the chairmanship of the board of management in the fall of 2015 when the Company faced the greatest challenge in its history". Audi would be excluded from this group and form its own premium division.
Oliver Blume, head of sports auto brand Porsche and newly appointed to the group executive board, will oversee production at the multi-brand organization, VW said, confirming a Reuters report.
Volkswagen's deliberations come as rival carmakers and suppliers including Fiat and Daimler work on ways to slim down and divest themselves of non-core assets.
Hornacek tried to preach patience late in the season as the losses piled up with a young roster that defended dismally. Hornacek was hired by then-team president Phil Jackson and then-GM Mills prior to the 2016-17 season.
However, even in real estate where there are more female brokers, women earn 70.5% of what their average male counterpart earns. This has to be a type of cultural change that permeates society as a whole to address deep social and economic inequities.
Kaepernick, who hasn't played since January 1, 2017, also has 2,300 career rushing yards and 13 touchdowns on the ground. However, he has received little interest from around the league over the a year ago about possibly bringing him.
Assuming arly dev kits are in the wild, that still puts the PlayStation 5 on track for a late 2019 or 2020 release. Just recently a big juicy rumour from Semi-Accurate suggested we could see a new PlayStation this year .
Originally released in 2013 for PS3 and Xbox 360, GTA V still came in sixth-place in terms of overall sales in 2017 in the U.S. At the time of writing, GTA 5 is the "most financially successful media title of all time".
However, It will be interesting to see which team begins the new season of Indian Premier League season with a WIN. Cutting, who recently retired from First-Class cricket, will add to the team's batting and bowling depth.
Organising committee manager Peter Beattie urged the athletes to return and implored them not to disregard laws that are in place. Team Cameroon officials have notified Australia police of the situation, as well as state officials in their home country.
At the end of her MTV Music Awards performance, the singer unbuttoned her jacket and rubbed her belly while laughing and grinning. The musical templates of singles " Bodak Yellow " and " Bartier Cardi " pretty much fill up the rest of the album.
Foster also was charged with felony possession of an assault weapon and misdemeanor possession of a high-capacity magazine. A search of the couple's home revealed a Sig Sauer 516, an assault rifle, along with its large capacity magazine.
After Paris , he will head to Madrid, before travelling home ahead of the next Arab League summit meeting, on April 15 in Riyadh. Hariri tweeted a picture of the trio smiling and dressed casually accompanied by a caption of "no comment".
The NBA playoff bracket is now set
Here's the latest on which teams ended up with which seeds and what their matchups will be in the Eastern and Western Conferences. They have little time to prepare for the playoffs as the first round one game is set to take place on Saturday, April 14 at 7pm.
Here's a look at the Eagles 2018 preseason schedule
The dates and times have yet to be determined, except for the finale, which will come on Thursday, August 30. Of the Ravens' five-game slate, the final three preseason contests will be played in a span of 11 days.
Attack on Syrian air base kills 14
Syria's state news agency says missiles have struck an air base in central Syria in the early hours of the day. He added that it also hit posts outside the base used by the Iranians and Iran-backed fighters.
VirnetX +28.1% on Apple patent victory
Last we heard of the fight was in October 2017, when Apple was ordered to pay $439.7 million , a ruling the company then appealed. Presently, Apple had once again chose to challenge the judgement of the US district court in the Federal Court of Texas.
CSK vs KKR IPL 2018 Match 5 Live Streaming on Star Sports
Bravo's three overs gushed 50 runs marking only the fourth time in his 377-match career he has conceded 50 runs or more in a T20. At the halfway stage, KKR were reduced to 89/5 after the losing yet another wicket of little-known Rinku Singh (2).
Then the "thunderclap" headaches started
It was so bad the man went to the emergency room, where doctors quickly tried to figure out if he was bleeding in the brain. If you're thinking of entering a hot chili pepper eating contest, you might want to think twice, doctors caution.
Goldman Sachs: Tesla Inc (TSLA) Is Still A Sell In Our Eyes
BidaskClub raised shares of Tesla from a "strong sell" rating to a "sell" rating in a research note on Tuesday, December 12th. Following the completion of the sale, the vice president now owns 1,248 shares of the company's stock, valued at $441,168.
Bill Cosby's retrial begins
He also questioned why a woman protesting in support of rape victims would be topless, saying it was disrespectful to victims. Other female witnesses would be called, he said, giving testimony that they were drugged and molested in very similar ways.