Categories: Appointments

Audi appointed Gernot Dollner as new CEO of the Board of Management

Introduction

German luxury carmaker Audi AG has announced the appointment of Gernot Dollner as its new CEO. Dollner, currently heading Volkswagen Group’s Product and Group Strategy, will succeed Markus Duesmann as Chairman of the Board of Management. The move is aimed at further strengthening the company’s product strategy and market position. Dollner’s extensive experience and leadership qualities position him well to steer Audi into a successful future.

Audi’s Challenges in Key Markets

Audi is struggling to keep up with rivals BMW and Mercedes-Benz in terms of software advancements and e-mobility which has raised doubts about the company’s ability to uphold its famous slogan, “Vorsprung durch Technik” (progress through technology). Industry insiders have voiced concerns about Audi’s software issues, which have already led to the delayed launch of the electric Q6 e-tron.

Need for change

Audi is facing challenges in China, its most critical market, where sales have been trailing behind domestic brands like BYD. With electric vehicles gaining popularity, Audi’s current lineup in China has been deemed insufficiently competitive. Additionally, the brand has been falling behind BMW and Mercedes-Benz in the US market, highlighting the need for strategic improvements.

Gernot Dollner’s Vision and Strategic Expertise

Dollner has held various management positions at Porsche AG, including leading Concept Development and the Panamera Series. Since 2021, he has been overseeing the Product and Group Strategy as well as the General Secretariat of the Volkswagen Group. Dollner’s comprehensive understanding of the automotive industry and his strategic acumen make him an ideal candidate to further shape Audi’s future.

Important takeaways for competitive examination

  • Audi AG is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany.
  • Parent organization of Audi AG is Volkswagen Group.
  • Balbir Singh Dhillon is the Head of Audi India .

Find More Appointments Here

Saurabh

Recent Posts

World’s AIDS Vaccine Day 2024: Date, Theme, History and Significance

World AIDS Vaccine Day, also known as HIV Vaccine Awareness Day, is observed annually on…

5 hours ago

Coal India, NMDC, ONGC Videsh Seek Overseas Critical Mineral Assets

The Indian government has announced plans for public sector companies like Coal India, NMDC, and…

7 hours ago

India’s April Trade Performance: Exports Inch Up, Trade Deficit Widens

In April, India's merchandise exports saw a modest 1% increase, reaching $34.99 billion, driven by…

7 hours ago

DPIIT Reports Over 7 Million Transactions on ONDC Platform in April

The Open Network for Digital Commerce (ONDC), a digital infrastructure initiative launched in 2021, has…

7 hours ago

SBI Raises Short-Term Retail Fixed Deposit Rates Amidst Economic Shifts

In response to rising credit demand and falling liquidity, State Bank of India (SBI) has…

8 hours ago

Indian Army Set to Receive Russian Igla-S Air Defence Systems

The Indian Army is poised to elevate its air defense capabilities with the impending delivery…

8 hours ago