Porsche CEO Macht is the favored candidate as production chief at Volkswagen

Article by Christian Andrei, on August 25, 2010

Jochem Heizmann is likely to be succeeded by Porsche AG Chief Executive Officer Michael Macht as production chief at Volkswagen, according to two insider sources. A final decision has yet to be made but these sources revealed that the preferred candidate is Macht.

These sources said that 49-year-old Macht is Volkswagen CEO Martin Winterkorn's choice to replace Heizmann due to his decade-long experience in leading production at Porsche before he became CEO a year ago. Meanwhile, the favorite candidate to succeed Macht as Porsche CEO is Matthias Mueller, VW's chief product strategist.

VW has a goal of doubling deliveries to 150,000 vehicles in the medium term and to achieve this, it will expand its luxury car lineup.

As Volkswagen and Porsche aim to finalize a merger next year, they continue to engage in talks about its future model strategy and the possibility of sharing platforms.

Last Friday, Porsche SE, its holding company, revealed a nine-month loss of about 700 million euros ($868 million) due to costs related to the VW merger.

Volkswagen and Porsche have declined to comment on the matter. Macht moved to Porsche in 1990 from a research institute where he concentrated on assisting German companies to reorganize.

In 1993, Macht was chosen to run a program set up to optimize production by more closely linking suppliers to the process.

Topics: vw, porsche, production, ceo

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Did you miss the opportunity to get a brand new Dodge Viper? Well, here’s something you don’t want to miss. Dodge has announced a “final call” for orders for its...
by - December 6, 2016
Acura fans and customers rejoice! Sales have begun for the flagship model of Acura’s RLX top-of-the-range sedan – the 2017 Acura RLX Sport Hybrid. Described by Acura as its most...
by - December 6, 2016
Autonomous cars are slowly but surely gaining more appeal among drivers around the world. While a complete self-driving system has yet to be launched, carmakers have been finding ways to...
by - December 6, 2016
BMW has officially ended the production cycle for what is considered as its meanest and fastest sports car – the BMW M4 GTS. Basically a power-up evolution of the BMW...
by - December 6, 2016
Now that Lamborghini is set to bring a “more aggressive” Aventador, it only makes sense that it will be given a name. Seeing how it goes, perhaps we won’t be...
by - December 6, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries