Audi will replace CEO Markus Duesmann with Gernot Döllner – the current head of product for the Volkswagen Group – from 1 September.
The announcement of Duesmann’s exit comes shortly after Audi's Capital Markets Day, when Volkswagen Group CEO Oliver Blume admitted that the brand's line-up is “lagging the competition”. He added that its “massive potential” has not been fulfilled in recent years, and that “we also faced severe software problems that delayed the launch plan of exciting electric products”.