Monday, June 4, 2012

Analyzing Audi’s Management Reshuffle: VW Takes Control

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Audi's management reshuffle means that the Volkswagen Group is taking control over what is perceived as a brand that is acting too independently and too timidly at the same time.

Board members Michael Dick and Peter Schwarzenbauer are leaving the company. Dick, who was responsible for research and development, is retiring at 60. Audi's standard retirement age is 65, and the Volkswagen Group is known for keeping executives far beyond that age if they seem vital to the company's future. Former Porsche R&D chief and current Bentley and Bugatti CEO, Wolfgang Dürheimer, 53, will replace Dick. Read full story »

from Car and Driver Blog http://blog.caranddriver.com





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