Thomas Schafer, Chairman of the Board of Management of Volkswagen Passenger Cars and Head of the ‘Volume’ model group will take over as Chairman of Skoda Auto’s Supervisory Board.
He succeeds Murat Aksel, who will step down as Chairman whereas remaining a member of the supervisory physique. This step will additional intensify and speed up the cooperation throughout the ‘Volume’ model group in an effort to leverage synergy potential. The firm says the intention is to considerably and sustainably scale back prices and complexity.
Thomas Schafer emphasised, “At the Group level, Skoda is responsible for emerging markets, such as India and North Africa, and for projects like developing the next generation of the Volkswagen Passat and Skoda Superb. Its responsibility for the MQB A0 Global Platform also shows how strongly the brand is established within the Group. Within the ‘Volume’ brand group, Skoda plays a vital role, and its expertise will make a significant contribution to leveraging synergy potential. The goal is clear: To significantly and sustainably reduce costs and complexity through close cooperation among the brands.”
The ‘Volume’ model group consists of the Group manufacturers Volkswagen Passenger Cars, Skoda, Seat/ Cupra and Volkswagen Commercial Vehicles. Since the primary quarter of this yr, the outcomes of the Volume model group have been reported individually within the Volkswagen Group’s quarterly report. Thomas Schäfer was not too long ago elected Chairman of the Advisory Board of Volkswagen Commercial Vehicles and Chairman of the Supervisory Board of Seat/Cupra.
Source: www.financialexpress.com”
