Scandal-hit Volkswagen readies to name new CEO

Shares in Volkswagen sped higher Friday ahead of the appointment of its new chief executive as the embattled carmaker seeks to steer itself out of the wreckage of the scandal over rigged pollution equipment. VW shares, which have bounced back from unprecedented losses at the start of the week, hit an intraday high of 117 euros in the first few minutes of trading, an increase of 4.3 percent on the day. France announced sample checks on diesel cars as soon as next week, after the European Union ur