Volkswagen CEO Matthias Muller to Resign

Matthias Muller

Volkswagen AG CEO Matthias Muller, who in his 31 months in the job has slashed budgets and worked to salvage the German automaker’s reputation following the diesel-emissions scandal, is expected to resign as early as this Friday.

The company released a muddled statement referring to “personnel changes" and stating that Muller “showed his general willingness to contribute to the changes." German news reports are more direct: Muller will step down, and his likely replacement is VW division chief Herbert Diess, who joined VW in July 2015 after a 19-year career at BMW.

The company has not confirmed any details.