VW Wary Trump Election May Disrupt Diesel-Settlement Talks
- CEO Mueller hopes vote doesn’t portend ‘negative consequences’
- Volkswagen nearing ‘consent decree’ with U.S. authorities
VW's Mueller: We're Looking Ahead Confidently
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Volkswagen AG expressed concern that Donald Trump’s election as U.S. president could disrupt talks to reach a settlement with U.S. authorities over the German automaker’s cheating on emissions tests for diesel cars.
“I hope the election result won’t have more negative consequences for Volkswagen,” Chief Executive Officer Matthias Mueller said Wednesday at a conference hosted by German daily Handelsblatt in Munich. “I think we’re at a point where a ‘consent decree’ could be reached, but that’s the Department of Justice’s decision, not mine.”