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Matthias Muller officially named VW Group CEO

While the vast number of rumors made it seem like a foregone conclusion, Porsche boss Matthias Muller has officially been named Volkswagen Group CEO to replace the recently resigned Martin Winterkorn. His contract runs through the end of February 2020, and until a replacement is found, Muller also gets to hang onto his old job as chairman of Porsche. At the same time, the VW Group Supervisory Board is announcing a massive structural reorganization across the entire company, with the new management model in place by the beginning of 2016. Contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. The board wants a greater emphasis on brands and regions going forward, and the scale of this shift can be seen in the US. On November 1, VW Group business in the US, Mexico, and Canada is being combined under the leadership of current Skoda chairman Winfried Vahland. However contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. Other brands are also seeing some significant changes mechanically. Porsche, Bentley, and Bugatti now fall under the Group's "sportscar and mid-engine toolkit." This means that the brands will start sharing standardized technical parts. A Chief Technical Officer across all of the company's brands will also start working toward future innovations. The new brand-centric view means the end of a group-wide production department. "Going forward, the brands and regions will also have greater independence with regard to production. So it follows that they should also hold the responsibility for these activities," Berthold Huber, interim Chairman of the Supervisory Board, said in the announcement. In a statement with the press release about his promotion, Muller promised to turn the company around after such an international crisis. He said: "My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation. Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry." Matthias Muller appointed CEO of the Volkswagen Group Muller remains Chairman of Porsche AG until a successor has been found Matthias Muller (62) has been appointed CEO of Volkswagen AG with immediate effect.

A faster Bentley Bentayga Speed is coming

With 600 horsepower on tap, the Bentley Bentayga already claims the mantle as the fastest, most powerful SUV on the market. The latest reports indicate that there's an even faster, more powerful version in the works. After speaking with Bentley CEO Wolfgang Durheimer at the Beijing Motor Show this week, Auto Express reports that a Bentayga Speed is on the way. "If you're asking whether there would be Speed versions of the Bentayga eventually," said Durheimer, "then yes, you might expect that." Details, as you might have expected, remain unconfirmed at this point. However the latest Continental GT Speed packs 633 horsepower from its 6.0-liter twin-turbo W12 – 66 horses more than the standard twelve-cylinder Continental GT. And the Mulsanne's 6.75-liter twin-turbo V8 produces 505 hp in standard trim and 530 in Speed spec for a difference of 25 hp. If the Bentayga Speed follows a similar formula, we can expect a solid 650 hp or so. That ought to help push the SUV past 60 in less than its current 4.0 seconds, and on past its stated 187-mph top speed. The Speed version isn't the only variant of the Bentayga said to be in the works. We're also anticipating a diesel version as well as a hybrid. We wouldn't be surprised to see a lighter V8 model, too, as we have on the Continental. And a fastback model in the mold of the BMW X6 and company is also reportedly under consideration. Beyond the Bentayga, Bentley is said to be closely evaluating what to develop next. The choice is between the EXP 10 Speed 6 sports coupe concept on the one hand, and a smaller crossover on the other. The answer could depend heavily on how the Bentayga performs in the Chinese market. Related Video:

Autoblog Podcast #343

George Kennedy from Boldride.com, BMW i3, NACTOY long list, Bentley SUV
Episode #343 of the Autoblog podcast is here, and this week, Dan Roth and Steven Ewing are joined by George Kennedy, Autoblog alum and Editor-in-Chief of Boldride.com. Topics include the unveiling of the BMW i3, the 2014 North American Car and Truck of the Year long list, and the green-lighted Bentley SUV. As always, we start with what's in the garage, but then answer some of your questions before diving into the week's news. For those of you who hung with us live on our UStream channel, thanks for taking the time. You can follow along after the jump with our Q&A. Thanks for listening!
Autoblog Podcast #343: