Overview
- Volkswagen named Karsten Schnake, 57, to succeed Dirk Große-Loheide as the Volkswagen Passenger Cars procurement board member effective November 1.
- VW said Große-Loheide is leaving under a longer-planned age arrangement, with CEO Oliver Blume praising his restructuring of procurement.
- The automaker is grappling with semiconductor shortages after Nexperia halted deliveries, putting output in Wolfsburg and Zwickau at risk and prompting reviews of short-time work.
- Reports on Thursday indicated a potential supply solution through another chip source to avert immediate stoppages, though a company spokesperson called the situation dynamic.
- Schnake will remain Škoda’s procurement chief through the end of the year to ensure a smooth handover and brings prior experience in Italy and China.