Automotive Jun 17, 2022 07:16 PM (GMT+8) · EqualOcean
Yiou Automobile Co., Ltd. on June 17, Volkswagen Group announced today that it would fundamentally adjust its management structure in the Chinese market. The new structure gives greater autonomy to China, aiming to further consolidate the group's leading position in this dynamic automotive market. The Chinese board of directors led by Baired will serve as the core of the new management structure and play a leading role across brands and business entities. In addition, the group will more closely integrate and use the technical resources and capabilities of various brands to accelerate the development of "in China, for China" technological innovation and digital services. Volkswagen group appointed Marcus hafkemeyer as CTO of Volkswagen Group (China), which will take effect from August 1. At present, he is working as a strategic consultant for Huawei's automotive business in Shanghai. The company also announced the appointment of another key function in China: Stefan mecha, the current CEO of Volkswagen Group in Russia, as the CEO of Volkswagen passenger car brand in China and the head of sales of Volkswagen Group (China). The appointment will also take effect from August 1. In addition, Baired will join the management board of Volkswagen Group from August 1 to be responsible for the Chinese business and lead the Volkswagen Group (China).