Volkswagen's U.S. CEO Departs Suddenly

The transcript discusses the unexpected departure of a Volkswagen executive following a mutual agreement, possibly influenced by the appointment of another executive above him. Despite initial support from dealers, the executive will leave to pursue other opportunities. The conversation shifts to Volkswagen's sales challenges, highlighting the impact of losing their diesel engine advantage, which previously accounted for a significant portion of sales. The company is struggling to recover and compete effectively in the market.

What was the main reason for the Volkswagen executive's resignation?

• He was not performing well.

• He was offered a better position elsewhere.

• He wanted to retire.

• A new executive was appointed over him.

How did the dealers initially react to the executive's leadership?

• They were indifferent.

• They rallied around him.

• They opposed his strategies.

• They demanded his resignation.

What was a significant selling point for Volkswagen that they lost?

• High-quality interiors

• Advanced technology

• Diesel engines

• Affordable prices

What percentage of Volkswagen's sales were attributed to diesel engines?

• 20%

• 10%

• 40%

• 30%

What challenge is Volkswagen facing in terms of their brand perception?

• High prices and average quality

• Limited dealership network

• Lack of innovation

• Poor customer service