Volkswagen CEO Vows to Strengthen Main Brand's Independence
- VW marque to have same decision-making role as Audi, Porsche
- Main shareholders back carmaker amid crisis, Mueller says
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Volkswagen AG will strengthen the decision-making power of its main VW brand, Chief Executive Officer Matthias Mueller said, sticking to a decentralization strategy his immediate predecessor was working on before leaving in an emissions-testing scandal last week.
VW “will in future be just as independent from the central corporation as Audi or Porsche,” the luxury divisions that are the carmaker’s biggest earnings contributors, Mueller told executives in a speech Monday.