Reuters - Volkswagen on Monday named a UK-based executive of Czech subsidiary Skoda to replace its former head of U.S sales whose departure was announced at the weekend as the German automaker’s deliveries have plunged in the world’s second-largest auto market.
Duncan Movassaghi will start the job on February 1, VW said in a statement. He has been serving as managing director of Skoda UK with full responsibility for the brand in the United Kingdom.
Movassaghi replaces Ron Stach, whose departure VW confirmed on Saturday. It declined to provide a reason for the move.
VW said last Wednesday that its US sales rose 5.2% to 339,676 brand models last year but plunged 19% in December after posting their first monthly drop in 2017 in November.
The world’s largest automaker by sales is keen to end losses in the US by the end of the decade, counting on a series of higher-margin new models and structural changes as it struggles to draw a line under its diesel emissions test cheating scandal which came to light in 2015.
Prior to joining VW in 2010, Movassaghi worked in the pharmaceutical, retail and banking sectors, the automaker said.