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Volkswagen Appoints New CEO

Volkswagen appointed Matthias Mueller as its new chief executive officer, to help the German automaker recover from a scandal over its rigging of U.S. vehicle emissions tests. The 62-year-old Mueller, who has headed Volkswagen subsidiary Porsche, pledged to help the automaker get through the biggest business crisis in its 78-year history. "I assume this responsibility with confidence and will do everything personally to regain the trust of our customers, our employers and partners...

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