Volkswagen Knee Deep In A Bloody Management Purge And Corporate Structure Revamp In Wake Of Scandal

Volkswagen Knee Deep In A  Bloody Management Purge And Corporate Structure Revamp In Wake Of Scandal
Volkswagen Group's supervisory board is today discussing a new corporate structure in addition to choosing a new group CEO to replace Martin Winterkorn, sources told Reuters.

The board meeting comes as VW grapples with the biggest business crisis in its 78-year history after it admitted to rigging emissions data for its diesel vehicles.

Two sources said the meeting was taking longer than expected.


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Agent009Agent009 - 9/25/2015 9:49:37 AM
-4 Boost
I have to say even though is a royal screw up. I am shocked at how fast they are reacting to it.

GM and Toyota took weeks to get as far as VW has done in a few days.


Vette71Vette71 - 9/25/2015 10:46:46 AM
+2 Boost
Are these firings scapegoat moves? If so they may not be the real culprits. To change the culture one has to really dig in and find out who, what, where and when. That takes time to understand. If these guys were standing in the way of that process, or they admitted they allowed it then they should go. But if the Board is moving just for the sake of showing movement to appease critics, then the root cause may never be found. Then some day in the future it is likely happen again.


W208W208 - 9/25/2015 1:13:49 PM
+1 Boost
If your billion dollar company lost almost 50% of its market value in less than a week and you were looking at fines and lawsuits on the level of a natural disaster, all because of a management call on a means to circumvent emissions regulations, what would you do?

It'd be like a scene out of the movie Rampage: one man, lots of weapons, and everyone's a target. Then I'd go home and devour a schnitzel and watch some tv.


MDarringerMDarringer - 9/26/2015 9:09:02 AM
+1 Boost
@Vette71 Exactly! The heads will roll mentality is good for PR but may be detrimental to solving the problem. Execs like Winterkorn--I truly believe--have no clue about issues like this. Lower-level engineers make these decisions--often to appease the mandates of those above. So we roll heads of the higher ups and the lower downs that committed the act percolate upward in the system.




jameswisrikjameswisrik - 9/25/2015 10:13:27 AM
-4 Boost
https://www.yahoo.com/autos/s/bmw-mercedes-bmw-gm-could-cheating-emissions-tests-153019787.html

GM ALSO...THATS NOT SURPRISE. BUT THEY ALREADY PAID OFF OBAMA SO THEY WILL JUST PAY A MINIMAL FINE W/ US TAXPAYERS BAILOUT MONEY. VW SO FAR FIRED THERE EXEC..SAVE BILLIONS FOR FINES/LAWSUITS ETC....GM STILL HAS THERE MURDERING EXECS IN OFFICE!


Agent009Agent009 - 9/25/2015 10:27:39 AM
-4 Boost
The difference is the US assisted in a weak cover up to protect the economy. better to sweep it under the rug than admit the painful truth

Germany is equally disgusted. But VW is in much better position to recover than GM and is in no danger of bankruptcy...yet


jameswisrikjameswisrik - 9/25/2015 10:30:59 AM
-4 Boost

GM IS THE REAL CRIMINAL IN THE WORLD...THEY SELL MANY CARS/TRUCKS OVER DECADES THAT POLLUTE MUCH MORE THAN VW WILL EVER. THANKS TO OBAMA/UAW/GM EXECS...IT WILL GO ON FOR MORE DECADES. ONLY WAY TO STOP THIS CRIMINAL ACTIVITY ....STOP BUYING GM VEHICLES. NO LONGER MADE IN USA...MADE IN MEXICO/CHINA/S.AMERICA/SE ASIA/CANADA/EUROPE/RUSSIA...ETC. BEING PATRIOTIC FOR A COMPANY THAT KILLS AND INJ INNOCENT AMERICANS IS LIKE SUPPORTING TERRORIST! AND STILL NO GM EXEC IS IN PRISON... THANKS MUSLIM BARACK OBAMA!


Vette71Vette71 - 9/25/2015 10:51:33 AM
+2 Boost
WOW!! OFF THE WALL!! There are legal government standards about auto emissions that were first enacted in the 1960's and later added to. So you have proof that GM violated these standards? Please turn it over to the EPA immediately.


Agent009Agent009 - 9/25/2015 1:46:05 PM
+1 Boost
GM denial concerned NHTSA not EPA.. the fed of a different flavor, however a crisis is a crisis



Vette71Vette71 - 9/25/2015 7:18:57 PM
+1 Boost
Good catch 009!


jameswisrikjameswisrik - 9/25/2015 1:28:09 PM
-2 Boost
EPA...OBAMA WILL SQUASH IT FOR GM. ONLY WAY TO HAVE JUSTICE IS TO STOP BUYING DEATH TRAPS MADE BY GM. BARACK WILL BE OUT SOON! THANK GOD!


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