You are here: Home » Reuters » News
Business Standard

VW names new boss to steer sweeping overhaul

Reuters  |  BERLIN 

BERLIN (Reuters) - Volkswagen has chosen Herbert Diess as its new chief executive in an overhaul that includes streamlining the company's multiple car brands into just three groups while preparing its truck business for a potential listing.The plans were announced after Volkswagen board of directors ousted Matthias Mueller as CEO and discussed ways to overhaul the company, which spans motorbikes, buses, trucks and passenger car brands including Ducati, Bentley, Porsche, Audi, Scania and Skoda.Mueller's replacement with VW brand chief Diess follows slow progress in reorganising the group's ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, April 13 2018. 01:55 IST
RECOMMENDED FOR YOU