VW CEO Will Join Merkel on Trip to China Amid Emissions Scandal
- CEO said to plan to brief German chancellor on diesel scandal
- China is VW's largest market and key profit contributor
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Volkswagen AG Chief Executive Officer Matthias Mueller plans to update German Chancellor Angela Merkel about the manufacturer’s probe into diesel-emissions manipulation next week during a trip to China, according to people familiar with the matter.
Mueller will also meet top executives of VW’s two Chinese joint ventures during the visit to discuss strategic questions, said the people, who asked not to be identified discussing internal matters. China is VW’s largest market, and its two joint ventures in the country are a crucial source of profit for the manufacturer.