Volkswagen reorganizes management, replaces CEO
Herbert Diess replaced Matthias Mueller
13 April, 12:50It announced Thursday CEO Matthias Mueller was being replaced with core brand head Herbert Diess. Former BMW executive, Diess has had the task of negotiating restructuring and cost-cutting with German worker representatives since becoming Volkswagen brand head in 2015.
The new structure will include three brand groups: volume products, premium and super premium. The automaker includes brands Volkswagen, Skoda, Audi, Lamborghini and Bentley. (ANSA).