VW And Peugeot Name New Chiefs

Volkswagen AG and PSA Peugeot Citroen, two of the largest automakers in Europe, named new chief executives to lead them fight the automakers combat. Critics in the industry are saying that an ideal leader can help the automakers find ways to patch things up and eventually take over the scene.
Toyota Motor Corp. and Honda Motor Corp. are considered threats in the industry. They surge and conquer a healthy slice of automotive market. The share gets bigger and better moreover; it is high time for other automakers to aim high and make their plan a reality.
Volkswagen named Martin Winterkorn, formerly the head of the Audi luxury car unit, as the new head of VW's most profitable division. Winterkorn is set to replace Bernd Pischetsrieder, who will View the rest of this article