Last quote by Matthias Mueller
Matthias Mueller quotes
Everyone at the VW brand has understood what is at stake: to create a strong, future-proof VW.
The settlement that we have ... reached with the civil authorities isn't cheap. We have made provisions for everything that we believe we will have to face, including fines, environmental projects, compensation to the people ... We will have to see if that's enough or not.
We have been in a constructive dialogue with authorities in Germany, in Europe and the U.S. for the past 12 months.
This year we spent a lot of work in clearing up the diesel issue. We worked with the authorities in Germany, in Europe and especially in the United States.
Then and only then will we have clarity and be able to possibly draw further consequences.
This was a one-off occurrence, we normally have a very good relationship with our suppliers and that's why I think we've got it under control... We don't need to change (cooperation with our suppliers).
I can never rule that out.
One could discuss at length who's to blame for the fact that this situation went belly up.
We will work hard on our earnings power to manage the future investments needed to transform our core automotive business and build an innovative business unit for mobility services.
We take our commitment to make things right very seriously and believe these agreements are a significant step forward.
The good news is that the Volkswagen Group is robust enough to shoulder that financial burden. Just in 2015, the net liquidity for the company's automobile business rose by almost 40 percent to 24.5 billion euros.
We must handle the situation on world markets where trends remain mixed.