21 Mar Old Mutual Acumen
VW’s supervisory board Chairman Hans Dieter Pötsch says the firm has “lost the trust of our customers, investors and employees. As well as the trust from politicians and the public. The biggest challenge is to win back that trust.”
Unsurprisingly, VW’s new CEO, Matthias Mueller and the head of the giant car-maker’s North American business, Michael Horn echo Pötsch’s sentiments. “My most urgent task is to win back trust for the Volkswagen Group by leaving no stone unturned and with maximum transparency,” said Mueller shortly after his appointment in September last year. He was brought on board after then-CEO Martin Winterkorn fell on his sword as a result of the scandal.