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VW CEO Winterkorn to present new structure for automaker by October

Winterkorn is focusing on VW's future after Piech's ouster.
HK
By:
Henning Krogh
May 08, 2015 05:00 AM

HAMBURG -- Volkswagen Group CEO Martin Winterkorn has told senior staff that he will present a new structure for the automaker by October at the latest.

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Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.

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Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says
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