VW CEO may stay on to launch next Golf - report

BERLIN Sat Feb 9, 2013 4:35pm IST

Volkswagen Chief Executive Martin Winterkorn poses for a photograph during the inauguration of Volkswagen's 100th plant worldwide in Silao January 15, 2013. REUTERS/Mario Armas

Volkswagen Chief Executive Martin Winterkorn poses for a photograph during the inauguration of Volkswagen's 100th plant worldwide in Silao January 15, 2013.

Credit: Reuters/Mario Armas

Related Topics

BERLIN (Reuters) - Volkswagen Chief Executive Martin Winterkorn said he may stay at the helm of Europe's biggest car maker beyond the term of his current contract to launch the new Golf model, German magazine Der Spiegel reported.

VW Chairman Ferdinand Piech said in an interview last November that Winterkorn could stay for another five to seven years and that he had asked his chief executive to take charge of the next Golf.

"I want to play a decisive role in shaping the next generation of the Golf" hatchback, Winterkorn told the magazine in an interview published on Saturday. The next makeover of VW's best-selling model may come to market around 2018.

Winterkorn's second term as CEO of VW runs out in December 2016. The 65-year-old has been at the helm of the Wolfsburg-based auto manufacturer since January 2007.

Winterkorn also told Der Spiegel that VW currently has over 120,000 orders for the seventh-generation Golf which went on sale last year. (Reporting by Andreas Cremer; Editing by Toby Chopra)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

India-U.S. Talks

India-U.S. Talks

Kerry to woo Modi's India, but quick progress unlikely  Full Article 

Paring Debt

Paring Debt

Jaiprakash to sell hydro plants to Reliance Power  Full Article 

Mideast Conflict

Mideast Conflict

U.N. Security Council calls for humanitarian ceasefire in Gaza  Full Article 

Market Eye

Market Eye

Foreign investors prefer Indian cyclicals, utilities - Macquarie  Full Article 

Debt Investment

Debt Investment

India's FII debt limit hike credit-positive, says Moody's  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage