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Mueller's abrupt exit heralds sweeping change to come at VW

Under CEO Matthias Mueller -- who was talked into taking the top job in the chaotic days following the public disclosure of the diesel cheating -- VW's profit margin climbed to 7.4 percent of sales last year from 6 percent in 2015, when the crisis hit. (Bloomberg/Bloomberg)
CR
By:
Christoph Rauwald
April 11, 2018 05:00 AM

FRANKFURT -- Volkswagen Group's board abruptly ended the tenure of CEO Matthias Mueller, a caretaker who revived the carmaker after its worst crisis on record, turning instead to a leader who can implement deeper changes, people familiar with the matter said.

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