The Volkswagen Group is reassigning responsibilities for the management of the brand and the Group. The Volkswagen core brand is to be led by the brand’s previous COO, Ralf Brandstätter from July 1, 2020. The CEO of the Volkswagen Group, Dr. Herbert Diess, who had previously been responsible for both functions, will, therefore, receive greater leeway for his tasks as Group CEO.

After a record year in 2019, the brand is outstandingly well- positioned for the future. Volkswagen has successfully completed the first phase of the Transform 2025+ strategy. The company is now embarking on the next phase.