BMW clears the way: Audis new boss is probably stuck

Friday, November 08, 2019

              For a long time, BMW has insisted that former member of the Executive Board, Duesmann, fulfill his contract, blocking a move to rival Audi. Group circles say that the blockade is now over. Audi wants Duesmann already next week to appoint the new boss.
              Volkswagen wants to appoint according to group sources in the coming week, the former BMW CEO Markus Duesmann the next boss of his daughter Audi. The board wanted to deal with the personnel at its meeting on 15 November, said three familiar with the matter. It is planned that Duesmann replaces the current Audi boss Bram Schot in April next year, said one of the insiders. As a new position for Schot is the China department in the VW Group Board in conversation. This task is so far responsible of VW boss Herbert Diess. VW and Audi refused to comment. According to another insider, BMW has recently decided after long back and forth to dismiss Duesmann on 1 April 2020 and thus prematurely from his contract. The Munich had long insisted that the engineer fulfills his contract running until 1 October. According to the insiders, the decision to let Duesmann go behind the scenes longer negotiations between Volkswagen and BMW voraus.Der Dutch Schot was permanently appointed CEO of the VW subsidiary end of last year. Schot came to the top in June last year after his predecessor Rupert Stadler had been arrested on suspicion of fraud in the diesel affair. Later, the parent company of Stadler separates.Duesmann is now credited with driving forward the development of clean diesel engines – and Eliminate Audis contaminated sites in the exhaust fraud. He is to help the Ingolstadt premium brand to old shine, which they have lost by the diesel manipulation. This also includes making Audi more economical. According to works council circles, workers and Audi management are negotiating to reduce the capacities of the Ingolstadt and Neckarsulm plants. An agreement could already be reached in the coming week.

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