VW CEO Targets U.S. Settlement Before Government Changeover
- Talks between German carmaker and authorities are ‘very good’
- San Francisco court hearing on 3-liter cars scheduled Thursday
VW's Mueller: We're Looking Ahead Confidently
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Volkswagen AG aims to reach a settlement with the U.S. government over a criminal investigation before a new president takes office on Jan. 20, which would remove a major hurdle as the German carmaker attempts to recover from the diesel scandal.
“Of course we’d wish to have a final decision before the American government -- and with it, the authorities -- change, so that we can have certainty,” Volkswagen Chief Executive Officer Matthias Mueller said on Thursday at a conference in Hamburg. While he’s “disappointed” that the investigations have continued for so long, negotiations with U.S. regulators are “very good,” Mueller said.