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VW Courting Opel’s Neumann to Return

German maker hoping he’ll come back to old employer.

by on Jun.12, 2017

GM Europe chief Karl-Thomas Neumann may be on his way back to his previous employer, Volkswagen AG.

This story has been updated due to new information.

Karl-Thomas Neumann, the highly regarded executive picked by General Motors to lead the company’s stalled European operations resigned effective immediately today. He will be replaced as CEO by Michael Loscheller, currently the chief financial officer. appears headed back to Volkswagen.

Neumann appears headed back to Volkswagen, which is in dire need of fresh executive talent in the walk diesel-cheating scandal, is looking to rehire the former head of Opel, Karl-Thomas Neumann, perhaps to lead its Audi brand, according to reports that surfaced over the weekend in Germany.

Global Auto News!

Neumann’s departure would not exactly be a surprise, given GM’s decision in March to sell off its European operations to the Paris-based PSA Group. (more…)