Volkswagen Ag, the second largest carmaker in the world and the European leader, is ready to oust its No. 1 product strategist, Klaus-Gerhard Wolpert, dissatisfied with the Group’s profitability and sales issues, according to a recent report.
Two people that have knowledge of the carmaker’s plans have talked to Reuters on condition of anonymity – as the matter is not yet public – and said the German automaker is increasing its efforts to raise profitability, stop the sales slide and get rid of high fixed costs. Wolpert, currently in charge of the group’s product strategy that spans across more than 100 models from all of the group’s brands, could be relegated to the company’s heavy trucks division. VW declined to comment on the matter after Germany’s Manager Magazin was the first to publish the rumors surrounding the executive’s approaching removal – citing sources from within top management.
Wolpert, formerly one of the top-level managers at Porsche came to head the Group’s product management since October 2010. The Reuters sources, confirming the report in Manager Magazin, said that Wolpert would be reassigned to VW’s truck operations – in charge of integrating modular production of the Scania and MAN heavy-truck brands.
Via Automotive News Europe