VW In Board Shake-Up

Bernd Pischetrieder, VW’s chief executive, is to reorganise the company’s board. This follows the recent departure of sales and marketing director Robert Buchelhofer after VW announced a profits warning, leading to a fall in the company’s share price. Mr.

Pischetrieder has assumed responsibility for sales and marketing and may not appoint a successor to Mr. Buchelhofer..