Brazil VW chief favored for top job SAO PAULO — Insiders here say Herbert Demel, 46, president of Volkswagen South America, is high on the list to assume the chairmanship of parent Volkswagen AG at its Wolfsburg, Germany, headquarters when Ferdinand Piech retires in 2001. Rumors have been flying for months that Demel is a top running candidate. In Brazil, Demel has downsized the Sao Bernardo do Campo factory, demolishing part of the 40-year-old structure to modernize the plant for the PQ ...
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