Volkswagen confirms new management appointments

Volkswagen has confirmed that Winfried Vahland has been appointed chairman of Skoda’s board of directors and that Karl-Thomas Neumann has been named to succeed him as president and chief executive officer of Volkswagen Group China. In addition, Rudolf Krebs has been named group chief officer for Electric Traction, replacing Neumann. Reinhard Jung, the incumbent Skoda chairman, who is retiring. (May 28, 2010)