Corrected: Audi gets new China leadership to face bruising competition
CORRECTED-Audi gets new China leadership to face bruising competition Corrects Zhang's former role (CEO of Chery brand overseas, not group
BERLIN, Oct 22 (Reuters) - Volkswagen's VOWG_p.DE premium subsidiary Audi announced a shake-up in its China leadership on Thursday amid tough competition and falling sales in the world's largest auto market.
Jeff Zhang, who most recently served as CEO of Chinese brand Chery's 9973.HK overseas business, will take on the role of Audi China president on November 1
He replaces Johannes Roscheck, who will return to Germany having overseen "a period of profound transformation" for Audi in China, CEO Gernot Doellner said
Audi's sales in China have been in freefall as the brand, together with parent Volkswagen and fellow subsidiary Porsche P911_p.DE, struggle to keep pace in a rapid shift to EVs led by low-cost local brands
Once a highly profitable market for the group, China's shift away from Western carmakers has prompted Volkswagen to initiate the most dramatic restructuring in its history
Zhang will lead Audi's China business together with Rolf Michl, appointed Chief Operating Officer of Audi China from November 1, 2026. He formerly served as managing director of Audi Sport GmbH
"Our goal is to execute our strategy consistently, respond even faster to our customers' needs and sustainably strengthen our competitiveness," Doellner said.
(Reporting by Rachel More
Editing by Linda Pasquini)
((rachel.more@thomsonreuters.com))
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