It Needs Fresh Management. Cumbersome Decision-Making and Handing over Functions Based on Familiarity Are Killing VW, Says Povšík From ŠKoda

The situation of Škoda Auto and the main brand of the parent company Volkswagen (VW) could not be more different. While the Czech automaker generates profits for the group and its margin is right behind the money-making machine Porsche, VW is struggling. The profitability of the Volkswagen passenger cars brand is half a percent in the first quarter of this year. In...