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Volkswagen looks at rehiring Opel CEO: Source

Volkswagen and Opel declined to comment

Reuters  |  Frankfurt 

Carmaker Volkswagen is looking at rehiring the chief executive of General Motors' Opel, possibly to lead its Audi brand, a source familiar with the matter told Reuters on Sunday, following a media report the executive will quit Opel. Opel boss Karl-Thomas Neumann plans to resign as General Motors (GM) prepares to sell the business to France's PSA Group, German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS) reported over the weekend. Without citing its sources, the newspaper said Neumann saw the sale as the right strategic step, but was concerned PSA ...

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First Published: Sun, June 11 2017. 19:01 IST