Volkswagen sacks head of Audi's US operations
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Audi, the luxury car unit of Volkswagen, said it had sacked its US head Axel Mees with immediate effect because it was dissatisfied with its business development in the United States.
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Bernd Pischetsrieder, the outgoing chairman of German car giant Volkswagen, has been entrusted with finding a solution to the bitter takeover battle between Swedish and German truck makers Scania and MAN, a VW spokeswoman said.
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The German automaker Volkswagen named Stefan Jacoby, left, as president and chief executive of Volkswagen of America, the company said. Mr. Jacoby, currently executive vice president for marketing and sales with the companyâs Volkswagen Group, succeeds Frank Witter, who is moving to Volkswagen Credit to become co-president with Kevin Kelly, Volkswagen said. It added that Mr. Jacoby, 49, would reorganize the automotive business in the United States âin close coordination with the board of management.â It said in a statement that âthe objective is to achieve further significant expansion in the position of Volkswagen and Audi on the U.S. market through attractive and competitive products.â.
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Volkswagen AG, the world&#39;s fourth  largest carmaker, plans to cut more than a quarter of its U.S.  staff as it moves its local headquarters from Detroit, it said  on Thursday.
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German car maker Volkswagen  said on Tuesday its sales in the United States fell 7.2 percent year-on-year in September to 20,082 vehicles.
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Europe's biggest automaker Volkswagen ordered the recall of 300,000 of its Passat models worldwide owing to problems with the windshield wipers, fuel system and brakes.
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Volkswagen AG named former DaimlerChrysler AG executive Wolfgang Bernhard, a cost cutter who won plaudits for helping return DaimlerChrysler&#39;s US division to profitability, to a top management post Wednesday and said he would soon take over
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Volkswagen is moving its North American headquarters out of the Detroit area - the nation's automotive capital - to the suburbs of the nation's capital and will cut 400 jobs in the process, the German automaker said yesterday.
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The head of Volkswagen's Bugatti division, which builds one of the world's most powerful and exclusive sports cars, is to stand down, according to a report in Der Spiegel to be published Sunday.
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German automaker Volkswagen AG said Friday it will cut investment in auto operations by 6 percent over the next two years and reshuffle its management board as part of an overall reorganization process meant to trim costs.
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Volkswagen's  Audi  premium unit aims to raise sales in the United States to 200,000 vehicles by 2015 from last year's 90,000, Audi's sales and marketing boss told a German newspaper.
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Eddie D&#039;Hondt was fired Tuesday as general manager of Robert Yates Racing in a shakeup of the struggling team.
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A PeopleSoft executive who oversaw the company&#39;s products and its integration with JD Edwards departed from the company this week, a company representative confirmed Friday.
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Ford Motor (nyse: F - news - people ) pulled over for an executive tune-up today, announcing that two company veterans, President Nick Scheele and Vice Chairman Allan Gilmour will retire from the company.
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Hewlett-Packard's executive vice president of global operations, Gilles Bouchard, will leave the company at the end of October. The news came Tuesday immediately before HP announced that ChairmanÂ Patricia Dunn will step down.
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Continued depreciation in the dollar  is forcing Europe's largest carmaker Volkswagen to consider  building VW and Audi brand cars in the United States, the  company's sales and marketing head said.
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Manugistics Group Inc. disclosed yesterday that it fired its president, as the maker of business software tries to reverse slipping sales, rising costs and a falling stock price.