VW's Diess to retain brand duties as group CEO: source

[April 11, 2018]  HAMBURG (Reuters) - Volkswagen brand chief Herbert Diess looks set to retain his responsibilities as head of the core autos division if he becomes the group's next chief executive, a source said.

Volkswagen's supervisory board is poised to replace group chief executive Matthias Mueller with Diess at a meeting on Friday as the German carmaker is pushing changes to its management structure to boost efficiency.

(Reporting by Jan Schwartz. Writing by Andreas Cremer.)

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