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Volkswagen Appoints Ralf Brandstätter As CEO

Ralf Brandstätter, who joined the Volkswagen Group in 1993, has held distinctive elevated level jobs inside the Group, the most recent being Chief Operating Officer (COO) of the Volkswagen Passenger Cars brand since August 1, 2018

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 The Volkswagen Group has named Ralf Brandstätter as the freshly appointed CEO of the center brand. Right now, the COO of the brand, Brandstätter will accept the new job beginning from July 1st, 2020. The CEO of the Volkswagen Group, Dr. Herbert Diess, who had recently been answerable for both the Group and the brand, will henceforth concentrate on the general Group.

Volkswagen said in an explanation that the target for this adjustment of obligations is a more grounded dedication around the undertakings at the top degree of the Group and the brand in the present change period of the car business.

In the wake of finishing the principal period of the Transform 2025+ technique, the German behemoth is currently setting out to embark on the elevated next stage. The widely based electric hostile expects to make ready to zero-emanation portability for everybody. By 2025, VW intends to sell 1.5 million electric vehicles. Notwithstanding charge, the brand will likewise continue with their vision of digitalisation over the coming years.

Ralf Brandstätter was delegated an individual from the Board of Management of the Volkswagen Passenger Cars brand in December 2015. Brandstätter has been Chief Operating Officer (COO) of the Volkswagen Passenger Cars brand since August 1, 2018. Inside the Group Board of Management, he will hold in general obligation regarding Volkswagen Passenger Cars and the Volume brand gathering. The target will be a more grounded center around the undertakings at the top degree of the Group and the brand in the mongrel lease change period of the car business. The Supervisory Board observed this at its meeting held today.

"Ralf Brandstätter is one of the organization's most experienced administrators. In the course of recent years, he has just driven Volkswagen effectively as COO and assumed a key job in molding the face of the brand," said the CEO of Volkswagen AG, Dr. Herbert Diess. "I am in this manner satisfied that Ralf Brandstätter will move forward with the advancement of the brand as CEO following the sweeping vital choices and strategic decisions of the previous few years."



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