Home News Volkswagen appoints expected Browning to the U.S. chief

Volkswagen appoints expected Browning to the U.S. chief

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Volkswagen-Logo auf dem Dach der Hauptverwaltung_01_(c) Rolf Anders FRANKFURT (Dow Jones) – Jonathan Browning will continue as expected, the U.S. business from Volkswagen. The 51- year-old was with effect from 1st October 2010 as President and CEO of Volkswagen Group of America appointed , as the automaker announced on Monday. (Photo : Anders)

Currently responsible for the control of the Browning National Sales Companies of the Volkswagen Group worldwide.
Dow Jones Newswires had already reported on Sunday , relying on industry circles that the former manager of General Motors and Ford will take over the U.S. operations of Wolfsburg . Browning came in June of Volkswagen AG, after it had been among other things, sales manager at GM Europe and Opel , the British sister brand Vauxhall.
Browning succeeds Stefan Jacoby, the end of June, surprisingly took his hat. Jacoby moved to the top of the Swedish manufacturer Volvo had sold , the Ford in the spring to Chinese competitors Geely.
Browning is to achieve the ambitious goal of Wolfsburg , the U.S. sales to triple by 2018 to more than 1 million cars annually over . VW sales director Christian Klingler reiterated on Monday the sales target of 200,000 vehicles of the Audi brand and 800,000 for the Volkswagen brand in 2018. 2009 were just short of 83 000 cars a premium brand Audi sold. "Volkswagen and Audi are leading brands in the U.S., " announced Klingler .
In recent years, wore the efforts of Wolfsburg to build the U.S. business , relatively few fruits : Currently, Volkswagen ‘s market share there is still less than 3 %. Since the formerly largest automotive market in the world but an important cornerstone in the ambitious growth plans of the Lower Saxony is the intention of passing to 2018 Toyota at the top, the investment has been modified significantly ramp up .
Currently, Volkswagen is building a new plant in Chattanooga, Tennessee , to be built specifically where in 2011 a new midsize sedan for the U.S. market. The project , in which around 2,000 jobs will be created cost VW about 1 billion USD. The last remaining U.S. production plant in Westmoreland ( Pennsylvania ) was closed due to low capacity utilization in 1988.
VW wants to score points in October with the new version of the Jetta, the highest-volume model of the DAX Group in the U.S.. The starting price is around $ 16,000 . The Jetta is assembled in the Mexican Volkswagen plant in Puebla.

Website: www.volkswagen – ag.de
– By Christoph Rauwald and Nico Schmidt , Dow Jones Newswires
+49 – ( 0) 69 297 25 114 ; nico.schmidt @ dowjones.com
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