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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

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The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides 'naval overwatch'
Volkswagen

Volkswagen Snatches Self-Driving Car Expert from Apple

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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November 10, 2015, 3:11 PM ET
Volkswagen Wrestles With Diesel Emissions Crisis
LONDON, UNITED KINGDOM - NOVEMBER 09: The Volkswagen logo is pictured on a Polo model car on November 9, 2015 in London, England. Scandinavian Asset Management company, Nordea, has announced it will pursue legal action against Volkswagen due to major losses over the emissions fixing scandal. Volkswagen faces further investigations and fines in countries across the globe following admissions that the company installed emissions cheating software in millions of it's diesel cars. (Photo by Jim Dyson/Getty Images)Photograph by Jim Dyson — Getty Images

Volkswagen has hired self-driving car expert Johann Jungwirth from Apple as it continues to deal with the scandal that saw its vehicles release more diesel emissions than previously reported.

The New York Times reported that Jungwirth will head the automaker newly created Digitalization Strategy Department. He will report to CEO Matthias Müller in the new position.

On his LinkedIn profile, Jungwirth discusses his new role. “Unique opportunity to combine the Silicon Valley spirit and culture with the best brands and products in the automotive industry at the Volkswagen Group to lead the digital revolution with autonomous driving, most innovative technology and solutions, and most importantly,” he wrote, “the best and most natural and intuitive user experience to keep a competitive advantage.”

His profile states that he previously worked at Apple as a director for Mac systems engineer. However, the Times reported that he may have been working on Apple’s secretive self-driving car project. There’s no mention of him working on the project on his profile.

Before joining Apple, Jungwirth worked for Mercedes-Benz.

The news comes as Tesla CEO Elon Musk made the bold claim that self-driving cars will be widely used sooner than expected.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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