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Volkswagen reportedly to name Matthias Muller CEO

Porsche chief executive officer Matthias Muller is expected to be named CEO of Volkswagen AG, the Wall Street Journal and other sources reported Thursday morning. Muller, 62, has led Porsche since Oct. 1, 2010, and jumpstarted the sports-car brand's expansion around the world. He replaces Martin Winkerkorn, who stepped down Wednesday amid the company's worsening diesel scandal. At least three more executives are also expected to be fired, including Volkswagen's US chief and the heads of Audi and Porsche research and development. Both brands are divisions of VW. A US spokesman wouldn't confirm the reports. An official announcement is expected at VW's board meeting on Friday. Muller's ascension caps a stunning week of turmoil for Volkswagen, which manipulated software to make its diesel-powered vehicles appear cleaner during testing that they are in real-world driving. The charges were revealed last week by the EPA, which cited the work of researchers at West Virginia University. About 482,000 vehicles are affected in the United States, which will be subject to recall, and VW estimates about 11 million of its vehicles around the world have the rigged software. The well-regarded Muller was viewed as a front-runner for the job even before Winterkorn stepped down. Before helming Porsche, he oversaw all vehicle projects globally for VW from 2007-2010. Previously, he was in charge of the Audi and Lamborghini product lines, and earlier in his career was responsible for the Audi A3 program in the 1990s. He joined Audi in 1977. He's trained as a toolmaker and studied information technology in Munich. His last name is sometimes spelled Mueller in English. Muller faces immediate challenges as he takes over VW's sprawling 78-year-old industrial empire, including recalls and regulatory actions around the world. In the US alone, the company faces a fine of up to $18 billion. VW, an industrial symbol of Germany, is also far larger than any unit Muller has run in his career. While Porsche sold 189,849 vehicles in 2014 globally, it's one of many VW brands. Collectively they sold 5.04 million vehicles through the first six months of this year, making Volkswagen the world's largest automaker. Related Video:

Updated J.D. Power APEAL study shines on VW Group, Chevy

J.D. Power has just revealed the results of its 2013 APEAL Study, which looks at which brands have the most appealing cars based on sales figures, dealer inventory, brand loyalty, transaction and trade-in prices. The study was revamped for 2013, and places a larger focus on the new tech and infotainment options available to customers. All told, study participants gauged their vehicles on 77 different attributes, delivering a score out of a 1,000 points.
The Volkswagen Group had the greatest success of any corporation, topping the APEAL rankings with the Audi Allroad, Porsche Boxster, Porsche Cayenne, VW GTI and Passat. Chevrolet had the highest number of awards for a single brand, though, with the Avalanche, Sonic and Volt all taking home a prize.
The best brand overall was Porsche, which scored 884 out of a possible 1,000 points. The top Japanese brand was Lexus with a score of 847, while the top American brand was Cadillac, at 841. The best mainstream brand was Ram, which received a very respectable 817. The industry average for this year's study was 795, with 16 brands, all of which were mainstream, falling below the average.

2017 Porsche Panamera leaked looking sporty and sleek

The Internet isn't very good at keeping secrets. Someone got hold of some images of the 2017 Porsche Panamera ahead of its official debut next week and leaked them online. While that's bad news for Porsche, it's good news for the auto-loving masses, because the next Panamera is pretty darn... pretty. While the overall shape of the next-gen Panamera doesn't stray far from the car it replaces, the details make for a more cohesive overall package than before. It's clearly a Porsche, and obviously a Panamera (look, four doors and a hatchback!), but it's no longer bulbous or ungainly. Lighting front and rear is inspired by the latest 718 models, and the sleek bulging hood is apparently hiding a twin-turbo 4.0-liter V8 engine. We expect a range of six- and eight-cylinder engines for production, along with a plug-in hybrid. Inside, the only analog gauge we see is a tachometer, helpfully placed directly in front of the driver. A quartet of digital dials flank the throwback tach, but we can't see much past that. There does appear to be a good amount of space for the rear-seat passengers, along with what looks to be a touch-sensitive control surface at the rear of the center console. We expect similar capacitive buttons for the front occupants, along with a large LCD infotainment screen. Take a look at the images above for an early glimpse at the 2017 Porsche Panamera. And stay tuned for all the details on June 28. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2017 Porsche Panamera leaked images News Source: Motor1.com Design/Style Porsche Hatchback Luxury Performance Sedan