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VW Group to split brands under four holding companies

The Volkswagen Group is planning a tremendous shift in its internal structure that will decentralize operations by splitting its 12 brands into four different holding companies. Here's the breakdown. Things will be split logically, considering the inter-sharing of parts, platforms, and engines. The Volkswagen brand, Seat, and Skoda make up a passenger vehicle division led by former BMW man Herbert Diess. Audi, which is tightly intertwined with Lamborghini and motorcycle manufacturer Ducati, will be managed by current Audi exec Rupert Stadler. Porsche and Bentley, which are already quite close, will be joined by Bugatti and run by Matthias Mueller. Finally, a commercial vehicles division will include Volkswagen Commercial, Scania, and Man. Former Daimler exec Andreas Renschler will take care of the big vehicles. The massive move, according to Automotive News Europe, is part of an internal VAG effort to move away from the structure established by ousted Chairman Ferdinand Piech, who favored a compact, but highly centralized, management structure to oversee the independent actions of the company's brands. Criticism of Piech's arrangement stemmed from the company's slow responses to changes in the market, ANE reports. The new structure should make for a more efficient, streamlined company that's better able to make crucial decisions. What are your thoughts? Should VAG decentralize, or did Piech have the right idea? Have your say in Comments.

For emissions control suppliers, VW diesel scandal is good news

In the "making Lemonade out of lemons" department, European makers of emissions control and catalytic systems are seeing their stock prices rise in the wake of Volkswagen's diesel emissions scandal, Reuters says. Investment bankers and money managers are touting companies such as Johnson Matthey, Faurecia, Umicore and ElringKlinger. Shares of some of those companies jumped more than 25 percent since the scandal broke last month. Despite the scandal, demand for diesel-powered vehicles is expected to continue in Europe because of the powertrain's superior fuel economy. Additionally, a new version of nitrogen-oxide testing is slated to start in 2016, while prices for platinum, which is required for catalytic systems, have dropped. All of this put together is helping to make the emissions control companies more valuable. However much they may benefit, though, VW and other diesel-vehicle makers such as Mercedes-Benz and BMW may continue to suffer. That's because governments around the world are calling for heightened diesel-emissions testing procedures that better simulate real-world driving conditions. And according to the European Automobile Manufacturers' Association (ACEA), that alone could cause costs associated with making diesel vehicles to spike and negate the fuel-economy advantages that drive demand in the first place. Regulators in VW's home country of Germany have demanded a recall of 2.4 million vehicles whose software has been programmed to under report emissions level. Such "cheating" software has been installed in as many as 11 million vehicles worldwide. VW, whose CEO resigned last month because of the scandal, has set aside $7.3 billion to address the issue. Related Videos: News Source: ReutersImage Credit: AP Photo/Markus Schreiber Green Volkswagen Emissions Diesel Vehicles vw diesel scandal

Autoblog Podcast #327

New York Auto Show, Jim Farley interview, 2014 Chevrolet Silverado fuel economy, Ford fuel economy app challenge
Episode #327 of the Autoblog Podcast is here, and this week, Dan Roth, Zach Bowman and Jeff Ross talk about this year's New York Auto Show, Chevrolet's latest assault in the pickup truck fuel economy battle, and Ford's reward for developing a better fuel economy app. Dan also has an interview with Ford's Jim Farley about the future of Lincoln. We wrap with your questions and emails, and for those of you who hung with us live on our UStream channel, thanks for taking the time. Keep reading for our Q&A module for you to scroll through and follow along, too. Thanks for listening!
Autoblog Podcast #327: