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VW chief warns workers of future, to review investments

The Associated Press

FILE – In this Sept. 29, 2015, file photo, a brand sign of the Volkswagen car company is seen at the car factory in Wolfsburg, Germany. More than a decade ago, the U.S. Environmental Protection Agency helped develop a technology that ultimately allowed an independent laboratory to catch Volkswagen’s elaborate cheating on car emissions tests. But EPA did not apply that technology on its own tests of diesel passenger cars and instead focused on trucks,thus missing its best chance to foil the German carmaker’s deception as early as 2007. (AP Photo/Markus Schreiber, File)

Associated Press

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WOLFSBURG, Germany (AP) — Volkswagen workers are gathering to hear new chief executive Matthias Mueller brief them on the fallout from the company’s emissions scandal.

Thousands were expected at the meeting Tuesday at the company’s sprawling headquarters in the northern German town of Wolfsburg.

Volkswagen AG faces fines and lost sales after U.S. environmental regulators found it had installed software to cheat on diesel vehicle emissions tests. The scandal prompted the resignation of longtime CEO Martin Winterkorn, and Mueller — previously head of the Porsche division — was appointed Sept. 25 to succeed him.

Chief employee representative Bernd Osterloh is also expected to address Tuesday’s meeting — a previously scheduled gathering that has taken on added urgency since news of the scandal broke. Officials said it would be closed to the media.

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