Fleet News

Volkswagen confirms North-South 'traditional' and 'sporty' divisions

VW GROUP has unveiled a new brand structure designed to prevent its growing stable of marques from cannibalising each other's sales.

The supervisory board of Europe's largest car-maker announced that, from next year, Audi will spearhead a family of 'sporty' brands while Volkswagen will head up a group comprising the Skoda, Bentley and Bugatti marques.

The board also confirmed an extensive re-shuffle of senior management ahead of current chairman Dr Ferdinand Piech's impending retirement in which Audi chief Dr Franz-Josef Paefgen was demoted to head of Rolls-Royce Bentley.

Piech will be succeeded by current SEAT chairman Dr Bernd Pischetsrieder, who is the architect of the new group brand structure.

Speaking at the launch of the new SEAT Ibiza in Barcelona, Pischetsrieder said the Audi-led Southern group would concentrate on building sporty, innovative products, while the Northern group would focus on more conservative vehicles.

He said the new arrangements would lead to efficiencies in the marques' back office functions but categorically denied that their vehicles would be sold alongside one another in the same showrooms.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee