Volkswagen Elects New Chairman of its Board of Directors
Volkswagen elected its chief financial officer as chairman of its board of directors, as the German carmaker struggles with the scandal of emission test-rigging in the United States.
Hans Dieter Poetsch said Wednesday it will take some time to clear up the diesel emission scandal. Poetsch expressed his commitment to do everything possible to shed light on what happened. Poetsch spoke after the meeting at company headquarters in Wolfsburg, Germany.
Poetsch said: "The public and above all our clients have a right to be informed comprehensively. Presumptions or vague preliminary facts of the matter help no one. That's why it will still take some time until there are confirmed and reliable results which we can then inform you about."
Ahead of the announcement, Volkswagen's new chief executive officer, Matthias Mueller, said he hopes the company can begin recalling vehicles in January and perhaps finish repairing all affected vehicles by the end of next year. He made his comments in an interview with German newspaper Frankfurter Allgemeine Zeitung.
Iran's Supreme Leader Bans Further Talks With US
Iran's top leader, Ayatollah Ali Khamenei, has banned direct talks with the United States because of what he described as "countless harm" to Iran's interests.
Addressing elite Revolutionary Guard commanders in Tehran Wednesday, Khamenei said direct negotiations with Washington open the way for U.S. "penetration" of the Islamic Republic.
Although he supported the last 18 months of negotiations, Khamenei has not publicly endorsed Tehran's historic nuclear agreement with the United States, Germany, France, Britain, China and Russia that settled a standoff of more than a decade.
Hardliners have accused the administration of President Hassan Rouhani of seeking a resumption of ties with Washington.
Hardline lawmakers also have threatened to impeach Foreign Minister Mohammad Javad Zarif for a historic handshake with President Barack Obama in New York last month.