Porsche boss Michael Macht is to leave the firm as part of a reshuffle arranged by its new owner Volkswagen.
Macht will be replaced in the role of Chief Executive Officer by Matthias Mueller, currently VW's current chief product planner, as group chairman Martin Winterkorn pushes forward his plan to take VW past Toyota as the world's largest car manufacturer. The switch will take place on 1 October.
Mueller is highly rated within VW, which is in the midst of a rapid expansion of its model line-up. He'll be tasked with introducing similar growth at Porsche, which needs to double sales to play its part in the VW Group's plan.
Macht, 49, will move to become head of VW production, a role similar to the one he filled at Porsche for a decade before taking over as CEO.
But the switch will be seen by industry insiders as a clear move on Winterkorn's part to remove the last key piece of a Porsche managerial structure which, until last summer, had audacious plans to take over Volkswagen itself.
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Re: VW ousts Porsche CEO
911 => boxer 6!
Re: VW ousts Porsche CEO
whatever VW does i just pray that they do not mess the 911, because Porsche lost its credibility long back when it launched the cayenne. The ideal update for the next generation 911 would be a 8 cylinder boxer engine 4.5 liter capacity, 450hp and 30mpg.lets keep our fingers crossed
Re: VW ousts Porsche CEO
Andrepaul999 Straight Six Man and i seem to be in agreement on the problems and issues facing VW.Seat sales seem to have flatlined,Porsche need to re invent their sports car philosophy and thats just the tip of the iceberg.im sure they will overtake Toyota as the largest manufacturer but at what cost.Toyota now realise that overcapacity brings a hell of a lot of quality issues to the forefront