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Winterkorn to remain VW CEO until the launch of the next Golf

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Winterkorn to remain VW CEO until the launch of the next Golf

Volkswagen CEO Martin Winterkorn said he may remain at the helm of Europe’s biggest carmaker beyond the term of his current contract to launch the new Golf model.

VW chairman Ferdinand Piech said in an interview last November that Winterkorn could stay for another five to seven years and that he had asked the CEO to take charge of the next Golf.

“I want to play a decisive role in shaping the next generation of the Golf,” Winterkorn told Der Spiegel magazine in an interview published on Saturday. The next generation change of VW’s best-selling model may come to market around 2018.

Winterkorn’s second term as CEO of VW expires in December 2016. The 65-year-old has been managing the Wolfsburg-based auto manufacturer since January 2007. Winterkorn also told the magazine that VW currently has over 120,000 orders for the seventh-generation Golf. The hatchback, which went on sale last year, is Europe’s top-selling car.

Winterkorn has become VW CEO on January 1 2007, when he succeeded Bernd Pischetsrieder.

Source: Automotive News Europe

by Dan Mihalascu (my Google+) - Saturday, February 9th, 2013 - filed under Industry, News, Volkswagen. Image credit: .
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