Currently reading: VW brand chief Bernhard may quit

VW brand chief Bernhard may quit

Volkswagen brand chief Wolfgang Bernhard is expected to tender his resignation today (16 November), when the six-member steering committee of the carmaker's supervisory board meets, according to a report in a German newspaper.

Without citing sources, the Frankfurter Allgemeine Zeitung wrote that the VW brand chief is reacting to a boardroom coup that threw out CEO Bernd Pischetsrieder and replaced him with a rival executive, Audi boss Martin Winterkorn.

A reshuffle of senior level management planned by Winterkorn could drastically impinge on Bernhard's authority in the group.

Volkswagen declined to comment on the report.

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