FYI
AFX News Limited
Volkswagen confirms Hallmark to be new head of US ops from Oct 1
09.09.2005, 10:26 AM
WOLFSBURG, Germany (AFX) - Volkswagen AG said Adrian Hallmark will replace Len Hunt as head of troubled US unit VW of America, effective October 1, confirming earlier reports.
Sources earlier told dpa-AFX news agency the company plans to promote Hallmark in an effort to boost profitability at its US operations.
Hunt will assume Hallmark's current position overseeing sales of luxury brand Bentley, VW said.
VW's chief executive Bernd Pischetsrieder in July said he no longer expects VW to achieve a breakeven in its North American operations next year.
maria.sheahan@afxnews.com
ms/cm
AFX News Limited
Volkswagen confirms Hallmark to be new head of US ops from Oct 1
09.09.2005, 10:26 AM
WOLFSBURG, Germany (AFX) - Volkswagen AG said Adrian Hallmark will replace Len Hunt as head of troubled US unit VW of America, effective October 1, confirming earlier reports.
Sources earlier told dpa-AFX news agency the company plans to promote Hallmark in an effort to boost profitability at its US operations.
Hunt will assume Hallmark's current position overseeing sales of luxury brand Bentley, VW said.
VW's chief executive Bernd Pischetsrieder in July said he no longer expects VW to achieve a breakeven in its North American operations next year.
maria.sheahan@afxnews.com
ms/cm