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VW: CEO's contract extended

VW: CEO's contract extended

SYF77

Entry posted by SYF77 ·

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How do you feel when you see VW rims on Skoda?  

24 members have voted

  1. 1.

    • Indifferent ...
      10
    • Owner of the Skoda couldn't find Skoda rims
      5
    • Owner tries to disguise the Skoda as a VW
      9

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German automaker Volkswagen AG has extended CEO Martin Winterkorn's contract for another five years. Winterkorn's current contract is to be ended on December 31st, 2011 but it is now extended until the end of 2016.

 

The fact that the announcement has been made so early signals a vote of confidence in Winterkorn's leadership of the VW Group. Winterkorn, 63, is tasked with executing Volkswagen's strategic plan to become the world's top automaker in volume sales by 2018, and knocking off Toyota from it


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