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Porsche chairman appointed CEO of VW Group

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Frankfurt: The chairman of Porsche AG on Friday became CEO of the Volkswagen Group, which is caught in an emission cheating scandal.

The Supervisory Board held a meeting in its headquarters in Wolfsburg on Tuesday and decided to appoint Matthias Mueller, 62, as CEO Volkswagen AG with immediate effect, said a statement of the company.

Mueller will continue to act as chairman of Porsche AG until a successor has been found, it added. At a time when the scandal is still escalating, Mueller is expected to steer the car maker out of the current difficult situation, reported Xinhua.

“My most urgent task is to win back trust for the Volkswagen Group — by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation,” said Mueller.

“Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry,” added Mueller.

“If we manage to achieve that then the Volkswagen Group with its innovative strength, its strong brands and above all its competent and highly motivated team has the opportunity to emerge from this crisis stronger than before,” said Mueller.

According to the statement, Mueller who is also a member of Board of Management of Volkswagen AG will act as the CEO VW Group until the end of February 2020.

The interim chairman of the Supervisory Board of Volkswagen AG, Berthold Huber, expressed the urgency for Mueller to fulfill his responsibility in the new position “with full energy”.

Mueller was made CEO of VW Group two days after his predecessor Martin Winterkorn quit. Winterkorn resigned prematurely as the company struggling to resolve the emissions cheating issue.

At the same time, the Supervisory Board announced that the structure of the company has been changed.

The US Environmental Protection Agency (EPA) last week revealed that Volkswagen had installed illegal software to falsify emission tests, allowing its diesel cars to produce up to 40 times more pollution than allowed.

The US government has ordered Volkswagen to recall 482,000 VW and Audi cars produced since 2009, placing Germany’s leading auto manufacturer on the hot seat.

The automaker admitted earlier this week that it manipulated emissions in some 11 million cars.

Winterkorn on Wednesday announced his resignation, saying he accepted responsibility for the “irregularities” that had been found in diesel engines.

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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