Volkswagen Group appointed Christian Dahlheim as its new head of group sales, effective October 1. Dalheim replaces Fred Kappler, who will retire from the company.
Dahleim, 49, is currently sales chief for Volkswagen Financial Services, VW's captive finance unit.
Dahlheim has been instrumental in driving digitalization and the growth strategy forward at Volkswagen Financial Services. The company is fit for the future and will "systematically continue its digitalization efforts," said Lars Henner Santelmann, CEO of the division, who will assume Dahlheim's responsibilities.
Dahlheim, who has masters degrees in both physics and business administration, joined the VW Group in 2005.
Before being appointed to his current position in January 2016, he held various management positions at VWFS, including President and CEO of the division's U.S. unit, Volkswagen Credit.
Dahlheim is the second board member of VW's captive finance unit to be appointed to a senior function at the group.
In late 2015, former VWFS CEO Frank Witter was named finance chief for Volkswagen, replacing Hans Dieter Poetsch, now chairman of the group.
Kappler, who has headed VW's group sales since February 2016, will retire after helping Volkswagen become the world's largest automaker by volume.
Although deliveries to customers surged 7.5 percent to 6.43 million vehicles in the seven months through July, the outgoing sales chief had said recently that the group faced challenges going forward.
The changeover to the new homologation standard WLTP in Europe this month is expected to lead to temporary bottlenecks in supply and weigh on its sales result, Kappler warned.