Volkswagen CEO's replacement has been planned for months

Unions will get a VW board seat if they agree to Herbert Diess as CEO

Brand manager Herbert Diess is set to replace current group chief executive Mueller, who was installed shortly after the company admitted in September 2015 that it installed software in diesel vehicles that manipulated emissions test results.

Volkswagen did not respond immediately when contacted about the report.

"Diess is a man of action, he is the most plausible choice at VW to lead the group into the next phase of its transformation", said Nord LB analyst Frank Schwope, who has a "buy" rating on Volkswagen.

Diess ultimately secured a landmark deal paving the way to cut as many as 30,000 jobs and save 3.7 billion euros ($4.6 billion), putting the world's biggest carmaker on firmer ground for the industry's shift to self-driving and electric cars. The move is part of an effort to reorganize the company to do business more efficiently, the company said.

Other changes before the board include a public stock market listing of VW's truck and bus division, a management board seat for a labor representative and a reorganization of its 12 brands into four categories, sources said. Its brands will be split into vehicle groups for Volume, Premium, and Super Premium nameplates. 'The way in which it was done is unspeakable, ' one VW insider told German newspaper Handelsblatt, which broke the news that Müller was on his way out earlier this week.

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Separately, VW said works council executive Gunnar Kilian, a close aide to labor boss Bernd Osterloh, will replace group human resources chief Karlheinz Blessing who will stay at VW as an adviser.

"The proposal will be the subject of heated discussion" the source told "SPIEGEL". Head of procurement Francisco Javier Garcia Sanz will leave the post, Automobilwoche reported, without saying where it got the information. But when Winterkorn fell, he had only been with the company for less than three months.

The German carmaker's deliberations come as rival carmakers and suppliers including Fiat and Daimler work on ways to slim down and divest non-core assets. Analysts at Goldman Sachs say there is £140bn worth of "hidden value" in the European auto sector that could be unlocked through portfolio simplifications.

Porsche Chief Executive Oliver Blume will join the management board of VW Group, one of the sources said. Rupert Stadler, CEO of luxury division Audi will take charge of group sales.

Diess also has a more diversified history in the automotive business than his predecessor Matthias Mueller.

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