VW Aims to Triple its Percentage of Female Managers

Volkswagen AG intends to have women in 30% of its management jobs by 2018 compared with 11% now, Handelsblatt reports.

The company currently has 16,000 managers worldwide.

Andreas Haffner, head of VW Group Top Management, tells the German business daily that the company hopes to recruit top female talent with such perks as expanded childcare services. He notes that it takes new hires an average of eight years to become managers.