VW CEO Vows to Delegate More Responsibility to Brands, Regions
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Volkswagen AG Chief Executive Officer Martin Winterkorn vowed to delegate more responsibility to the group’s brands and regional chiefs to make the company more responsive to industry and customer changes.
“Volkswagen must become faster, more flexible and more agile,” Winterkorn told employees at a works council meeting at its headquarters in Wolfsburg, Germany, on Wednesday. “Volkswagen must make its decision-making model fit for the future.”