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Loss of U.S. boss seen hitting VW turnaround, but not talks with regulators
March 10, 2016 by elegant · Leave a Comment
By Andreas Cremer BERLIN (Reuters) – The departure of Volkswagen's U.S. boss is a blow to the carmaker's attempts to revive sales after its emissions test cheating scandal, but should not disrupt its efforts to strike a deal with U.S. regulators, analysts and sources told Reuters. Michael Horn, whose surprise departure from the helm of Volkswagen Group of America was announced late on Wednesday, was not on the teams negotiating with U.S. regulators over a fix for almost 600,000 vehicles…
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Loss of U.S. boss seen hitting VW turnaround, but not talks with regulators