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Jonathan Browning has been replaced as CEO of Volkswagen Group of America, the German automaker revealed today, adding that Michael Horn has been named as the company’s new US chief.
Volkswagen says Browning, who joined the manufacturer in 2010, left due to personal reasons, but rumor has it this has something to do with Volkswagen’s disappointing sales in the United States through November.
Michael Horn, the new president and CEO of Volkswagen Group of America, has been with the company since 1990. Most recently, he was the head of Volkswagen After Sales worldwide.
“This is an opportune time to implement these changes in our leadership structure as the brand is between major product launches and is preparing for the next phase of growth for the VW brand in the US,” VW said today, according to Automotive News. “The progress made over the past several years gives VW a much stronger platform in the US market.”
Story via AutoNews
Michael Horn, the new president and CEO of Volkswagen Group of America, has been with the company since 1990. Most recently, he was the head of Volkswagen After Sales worldwide.
“This is an opportune time to implement these changes in our leadership structure as the brand is between major product launches and is preparing for the next phase of growth for the VW brand in the US,” VW said today, according to Automotive News. “The progress made over the past several years gives VW a much stronger platform in the US market.”
Story via AutoNews
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