volkswagen scandal
The embattled German automaker might have another big, expensive problem on its hands.
"I will be very open: this won't be painless," the new CEO said.
Of course he thinks that.
WHAT'S HAPPENING
The cars were outfitted with software that let them cheat on U.S. emissions tests.
It was right under everyone's nose.
"We won't tell them what these tests are -- they don't need to know."
Porsche chief Matthias Müller is the new man in charge.
That could buy 3,139 new VW Passats.
"It's a jaw-dropper."