VW names executive to head China business


FRANKFURT, May 18 (Reuters) - Carmaker Volkswagen AG , revamping management of its Asian business, has named the former head of its Asia-Pacific region, Bernd Leissner, to head its business in China, the German company said on Tuesday. Europe's biggest carmaker said in a statement Leissner would assume his post in Beijing immediately, heading a new team of top executives in its biggest market outside Germany. VW has a dominant position in the Chinese market but faces increasing ...

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