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Winterkorn steps down as CEO of Porsche SE

Martin Winterkorn's departure from all things related to the Volkswagen Group is nearing completion. After having stepped down as chairman of the automaker's executive board nearly a month ago in the wake of the automaker's diesel emissions scandal, he's now leaving the direction of the company's principal shareholder, as well. After VW acquired Porsche (the automaker) several years ago, and in turn was principally acquired by Porsche (the holding company), the latter installed Winterkorn as its chief executive officer in order to cement ties between the parties. He's served as chairman of the executive board (German-speak for CEO) at Porsche Automobil Holding SE ever since, but he's now officially resigned from that position. In his place, the holding company has named Hans Dieter Potsch as its new chief exec. Potsch was also recently named as chairman of the supervisory board of the Volkswagen Group, having served until now as CFO of both VW AG and of Porsche SE. Winterkorn's principal successor at the helm of daily operations at VW is Matthias Muller, formerly CEO of the Porsche auto brand and now CEO of the entire VW group. The development brings Winterkorn's exit closer to completion. However the departing executive still, for the time being, remains at the head of group divisions Audi, Scania, and Truck & Bus GmbH. We don't expect it will be much longer, however, before he formally resigns from those chairmanships as well. Related Video: Porsche SE: Prof. Dr. Martin Winterkorn ceases function as member and chairman of the executive board Successor as chairman will be chief financial officer Hans Dieter Potsch Stuttgart, 17. October 2015. Porsche Automobil Holding SE, Stuttgart ("Porsche SE"), reached an agreement with Prof. Dr. Martin Winterkorn that he ceases his function as member and chairman of the executive board of Porsche SE by the end of October 31, 2015. Dr. Wolfgang Porsche, chairman of the supervisory board of Porsche SE, thanked Prof. Dr. Winterkorn for the successful work in previous years: "Prof. Dr. Winterkorn assumed office as chairman of the executive board of Porsche SE in a difficult situation. He played a significant role in transforming our company into a highly professional investment holding. I would like to express my gratitude on behalf of the entire supervisory board." Hans Dieter Potsch, chief financial officer of Porsche SE, was appointed by the supervisory board to succeed Prof. Dr.

VW consumer site finally gets configurator tool back

The traditional vehicle configurator is back on the Volkswagen US consumer website, and it works very well. The company now lets visitors create a virtual model to their own specs and then search for a match among dealer inventories, as is the norm from most automakers. Last summer, Volkswagen tried to break the mold with its thoroughly redesigned consumer website in the US. It sported a slick design but made the highly controversial change of removing the configurator. Instead, visitors were narrowing their selection from a searchable database of models already at dealers. While the streamlined approach immediately told users if their desired car was available, the system also largely hid the prices for options and packages. The newly tweaked design retains the previous tablet-oriented layout, but after clicking a model, the site immediately offers "Build Yours." From there, visitors select a trim, and then the vehicle pops up with options to choose things like colors and packages. The whole layout is clean, features large buttons and works quickly. At the summary page, there's still the opportunity to search for the user's choice in dealer inventories. This is definitely a major improvement.

Thanks to VW, BMW's 2017 diesels will be delayed

BMW confirmed Monday that US sales for its model-year 2017 diesel vehicles will be delayed because US regulators are taking longer than expected to certify the models. Bimmer, which sells diesel-powered 3-Series, 5-Series, X3, and X5 vehicles in the US, didn't give a timetable of when such domestic sales would start. Autoguide had previously reported of the potential delay for sales of US diesels, which account for about six percent of BMW's total sales in the US. "The product certification of all MY2017 BMW diesel models (328d Sedan, 328d Sports Wagon, X3 xDrive28d, X5 xDrive35d) has been delayed due to testing logistics," BMW spokeswoman Rebecca Kiehne wrote in an e-mail to Autoblog. "As a result, production of these models will commence once homologation has been finalized." US regulators appear to be taking a more deliberate approach to certifying diesel vehicles in the wake of the Volkswagen diesel-emissions scandal, which broke last September. Late last month, VW reached a settlement with US regulators that will cost the German automaker about $15 billion. With about a half-million impacted VW vehicles on US roads, the company will repurchase cars, end leases early, maybe fix some vehicles, and improve zero-emission vehicle technologies. Additionally, last week, VW reportedly told US dealers that they'd be compensated an undisclosed amount for their troubles. Some 2016 BMW diesel models were already subject to more stringent US testing procedures because of the VW situation. The BMW X5 xDrive35d was among the models that underwent more rigorous testing from the US Environmental Protection Agency (EPA) late last year. Other diesel models that received the additional scrutiny included General Motors' 2016 Chevrolet Colorado and GMC Canyon. Related Video: