Volkswagen names Thomas Sedran as head of commercial vehicles

2018 Volkswagen Atlas images

Volkswagen has named Thomas Sedran to head its commercial vehicles division, the automaker stated on Tuesday, confirming media reports. Currently Volkswagen’s head of strategy, Sedran will assume his new post on September 1, it informed in a statement. He replaces Eckhard Scholz, who is leaving at his own will. Sedran joined the automaker in 2015, […]

Volkswagen considers investments to be more important than selling assets

Volkswagen brand logo

Volkswagen is more concentrating on its multi-billion-euro shift to electric vehicles and transportation services than any possible sale of motorbike brand name Ducati or transmissions maker Renk, its head of strategy informed Reuters. Experts and bankers have been anticipating Europe’s most significant automaker to sell properties soon to help meet the cost of its diesel […]