Volkswagen AG said on Wednesday its top U.S. executive is stepping down nearly six months following the German automaker admitted to installing software to permit 580,000 diesel U.S. vehicles to emit excess emissions.
Michael Horn, who has been president and ceo of Volkswagen of America since 2014, is leaving “to pursue other opportunities effective immediately,” the organization said.
The German automaker said with an interim basis, Hinrich J. Woebcken, who had been recently named the brand new head of the United states Region and chairman of Volkswagen Group of America, will assume Horn’s role.
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Horn’s departure comes as VW continues to negotiate using the Justice Department and California on possible fixes or buybacks for that diesel vehicles.
? Thomson Reuters 2016
