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VOLKSWAGEN SCANDAL

CARS

VW names new chairman for ‘months’ of recovery

Volkswagen named a new chairman, Hans Dieter Pötsch, on Thursday, who with CEO Matthias Müller will have the tough job of leading the company through the months of recovery from its emissions cheating scandal.

VW names new chairman for 'months' of recovery
Testing a Volkswagen's exhaust. Photo: DPA

Pötsch, 64, was finance director at VW until now and is seen as the favoured candidate of the powerful Porsche and Piëch families, each owners of large parts of the VW business.

Some in the company had criticized the appointment of a long-time insider to the head of the board, who might conceivably bear some responsibility in the firm's plot to outwit regulators' emissions testing using a software “defeat device”.

According to dpa sources, there was concern about Pötsch's appointment from the government of Lower Saxony, which holds a 12.4 percent stake in VW and 20 percent of the voting rights.

Months-long investigation

In a statement on Thursday, VW said that the investigations following the emissions scandal would take “at least a few months”.

It wasn't realistic to “arrive at well-founded answers that correspond to the justified expectations of the shareholders within a few weeks,” the statement continued.

“I assure you that I will give you answers,” Müller wrote in a separate letter to shareholders.

“For that I ask you nevertheless to give me time to completely understand the background.”

VW has already set aside €6.5 billion to deal with the fallout of the emissions scandal.

That money will likely be used to refit cars fitted with the infringing software.

But there are likely to be large numbers of compensation claims from customers and shareholders over the company's actions.

SEE ALSO: What to do if your VW contains cheat software

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GREENPEACE

Two hospitalized in Munich after activist crashes parachute into Euro 2020 stadium

At least two people were hospitalised Tuesday after a Greenpeace activist crash-landed on the pitch before the Germany-France match at Euro 2020 when his powered parachute microlight struck spidercam cables at Munich's Allianz Arena.

Two hospitalized in Munich after activist crashes parachute into Euro 2020 stadium
The activist lands on the turf of the Allianz Arena. credit: dpa | Christian Charisius

The pilot flew over the pitch just before kick-off in the Group F clash with “Kick out oil” written on the canopy of his parachute.

However, when the pilot hit television cables above the pitch, it knocked his microlight off balance and he landed on the turf after clipping one of the stands, where the casualties happened.

The activist was arrested soon after landing.

A Munich police spokesman told AFP that at least two people suffered head injuries and “both had to be taken to hospital, we don’t know yet how serious the injuries are”.

The police spokesman said the activist appears to have escaped injury, but “we are considering various criminal charges. Munich police has zero understanding for political actions that put lives at risk”.

UEFA also slammed the botched stunt.

“This inconsiderate act – which could have had very serious consequences for a huge number of people attending – caused injuries to several people attending the game who are now in hospital and law authorities will take the necessary action,” European football’s governing body said in a statement.

The parachutist above the stadium. Photo: dpa | Matthias Balk

“The staging of the match was fortunately not impacted by such a reckless and dangerous action, but several people were injured nonetheless.”

The stunt was a protest against German car manufacturer Volkswagen, one of the sponsors of the European Championship, Greenpeace explained in a Twitter post.

“UEFA and its partners are fully committed to a sustainable Euro 2020 tournament and many initiatives have been implemented to offset carbon emissions,” said UEFA.

Greenpeace said they regretted any harm caused.

“This protest was never intended to disrupt the game or hurt people,” read a Twitter post on Greenpeace’s official German account.

“We hope that everyone is OK and that no one was seriously injured. Greenpeace actions are always peaceful and non-violent.”

“Unfortunately, not everything went according to plan.”

READ MORE: Climate activists rage as Germany opts for drawn-out coal exit

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