Audi Growth Plan Could Lead to Management Changes

Volkswagen AG's Audi unit is considering a management overhaul as part of its "Strategy 2020" plan, says WirtschaftsWoche.

Audi CEO Rupert Stadler tells the newspaper that under that plan which aims for expansion in China, Latin America and the U.S. "it would be negligent not to think about the team lineup." Stadler says the company has discussed its organization and structure but has not yet reached any decisions.

Reuters, citing anonymous company officials, reported earlier this month that Audi is planning a management shakeup tied to the departure of two unidentified management board members.