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Diess to Head VW Brand in July

Former BMW product development chief Herbert Diess will take control of Volkswagen AG's VW brand on July 1 rather than Oct. 1 as VW originally planned.

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Former BMW product development chief Herbert Diess will take control of Volkswagen AG's VW brand on July 1 rather than Oct. 1 as VW originally planned.

Diess, who will join the VW Group board, will assume a position currently held by Group CEO Martin Winterkorn. Winterkorn will continue in the latter role.

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