www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

chinadaily.com.cn
left corner left corner
China Daily Website

Big reshuffle at top of VW

Updated: 2012-06-04 09:26
By Bloomberg News ( China Daily)

New trucks chief, new China boss and new board members all appointed

Volkswagen AG Chief Executive Officer Martin Winterkorn appointed a new trucks chief, added a top executive for China and replaced three Audi board members as part of a shakeup to push forward with his growth plans.

Scania AB CEO Leif Oestling will join VW's management board to help forge a truckmaking alliance between Scania, MAN SE and the carmaker's own commercial-vehicles unit, the carmaker, based in Wolfsburg, Germany, said in a statement on Saturday. Current trucks chief Jochem Heizmann will shift to a new board post with responsibility for China, VW's largest market.

Big reshuffle at top of VW

Angela Merkel, Germany's chancellor (left) and Wen Jiabao, China's premier (second right) stand holding electric charging cables for a VW E-Golf automobile, as Martin Winterkorn, chief executive officer of Volkswagen AG (right), looks on following the German-Chinese signing ceremony at Volkswagen AG's headquarters in Wolfsburg, Germany. VW will open a new assembly plant in western China as it pushes expansion beyond the country's bustling coast. [Photo/Agencies]?

Winterkorn is reshuffling managers as he pushes Europe's largest carmaker, which reported record 2011 profit, to surpass General Motors Co as the world's biggest automaker. In addition to seeking savings from cooperation between the truck units, the CEO is integrating Porsche sports cars and Ducati motorbikes to widen offerings from exotic two-wheelers to 50-ton trucks. VW owns controlling stakes in Scania and MAN.

"All of the appointments are internal," Winterkorn said at a news conference in Stuttgart to explain the changes. "It is important to have people in leadership positions who know the company."

Audi will replace three board members. Ulf Berkenhagen, the purchasing chief at the luxury-car brand, will assume the role of procurement chief at MAN. Berkenhagen will be replaced by Bernd Martens, who currently works in VW purchasing.

Audi will also replace development head Michael Dick with Bentley chief Wolfgang Duerheimer and VW brand marketing head Luca de Meo will take over for sales chief Peter Schwarzenbauer, who is leaving the VW group.

VW commercial-vehicles chief Wolfgang Schreiber will move to Bentley to replace Duerheimer as the head of the ultra-luxury marque. All of the changes take effect on Sept 1.

VW has been working for six years on closer ties with MAN and Scania. Volkswagen increased its holding in MAN to a majority in 2011, then raised the stake to 73 percent in April. VW Chief Financial Officer Hans Dieter Poetsch said last month that all options were open, including a domination agreement.

MAN CEO Georg Pachta-Reyhofen, 56, along with his duties running the Munich-based truckmaker, will also join the VW management board with responsibility for the group's engines.

Big reshuffle at top of VW

"This makes sense from an integration point of view," Michael Tyndall, an analyst at Barclays in London, said by phone. "Scania is best in class, and in my mind there's not a lot of work that needs to be done to improve that business. I think it's taking some of that expertise and applying it to MAN that's the challenge. Oestling is a good man to do it."

Under Oestling, who has run Scania for 23 years, the company, based in Soedertalje, Sweden, has become an industry leader in profitability, with annual operating profit in the last decade increasing fivefold. The truck and bus maker's earnings before interest and taxes in 2011 were 12.4 billion kronor ($1.7 billion) compared with 2.47 billion kronor in 2001.

Oestling, who spent decades eschewing acquisitions and fighting takeovers, will be replaced at Scania by Martin Lundstedt, the truckmaker's sales and marketing chief. Lundstedt, 45, has been with Scania since 1992, when he began as a production engineer.

Current China chief Karl-Thomas Neumann was passed over for the board post in favor of Heizmann. Winterkorn said he's seeking a new role at VW for Neumann.

VW's Chinese joint ventures plan to invest 14 billion euros ($17.3 billion) in the country through 2016 to expand production. VW will open a new assembly plant in western China as it pushes expansion beyond the country's bustling coast. Winterkorn signed a contract for the plant in Urumqi during an April visit to Wolfsburg by Chinese Premier Wen Jiabao.

First-quarter earnings from VW's Chinese joint ventures, which aren't included in group operating results, jumped 52 percent to 848 million euros. Volkswagen group earnings before interest and taxes in the period gained 10 percent to 3.21 billion euros. Volkswagen's operating profit went up 58 percent year on year last year.

Bloomberg News in Frankfurt

 
8.03K
 
...
...
...
主站蜘蛛池模板: 色天使色婷婷在线影院亚洲 | 午夜神马理论 | 日本一区二区三区高清福利视频 | 亚洲一区二区三区视频 | 99日韩| 亚洲欧美日韩国产专区一区 | 成人午夜精品久久不卡 | 高清国产美女一级毛片 | 日韩视频观看 | 成人国产在线不卡视频 | 欧美美女色 | 国产亚洲精品一区久久 | 亚洲影院中文字幕 | 永久免费毛片手机版在线看 | 国产日韩不卡免费精品视频 | 香蕉午夜 | 成人午夜视频免费观看 | 美国特级毛片 | 亚洲一区 中文字幕 久久 | 一级毛片一片毛 | 久久99亚洲网美利坚合众国 | 亚洲精品日韩在线一区 | 成人一级免费视频 | 一级爱爱片一级毛片-一毛 一级爱做片免费观看久久 一级白嫩美女毛片免费 | 精品国产一级毛片 | 欧美精品不卡 | 一区二区三区在线免费看 | 国产美女做爰免费视频网址 | 男女视频在线观看免费 | 99精品福利| 一级视频在线观看 | 免费成年人视频网站 | 欧美亚洲日本一区二区三区浪人 | 67194午夜| 91精品国产高清久久久久 | 国产欧美日韩在线观看精品 | 尤物蜜芽福利国产污在线观看 | 国产三级a三级三级三级 | 黄视频免费在线 | 2019在线亚洲成年视频网站 | 欧美亚洲国产成人不卡 |