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Report: VW to Pick Porsche Boss as New CEO

Volkswagen will name Matthias Mueller, the head of its Porsche sports car brand, as its chief executive as it tries to recover from a scandal over its rigging of U.S. vehicle emissions tests, a source close to the matter said. Mueller, 62, has been widely tipped to succeed Martin Winterkorn, who quit on Wednesday, when the German carmaker's supervisory board meets on Friday, and will take responsibility for the biggest business crisis in Volkswagen's 78-year history. Shares in...

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