Volkswagen China head Bared successfully renewed his contract

The Supervisory Board of Volkswagen Group held a meeting recently and decided to renew the contract with the group's board member and head of China, Bared, ahead of schedule. The new term is three years, until the summer of 2028. In the past few years, Bared has found a clear transformation direction for Volkswagen in the Chinese market and laid a solid foundation for transformation.