NEW YORK: Volkswagen announced Wednesday that US chief Michael Horn has stepped down as the German automaker faces numerous investigations into an emissions-cheating scandal.
Horn, who joined VW in 1990 and became chief executive of Volkswagen Group of America in January 2014, will leave “effective immediately” by mutual agreement with the company, the automaker said.
“I want personally to say ‘thank you’ to Michael Horn for the great work he has done for the brand and with the dealers in the United States,” said Herbert Diess, chief executive of the Volkswagen Passenger Cars brand.
“Michael Horn built up a strong relationship with our national dealer body and showed exemplary leadership during difficult times for the brand.”
