Michael HornUS – Volkswagen Group of America announced that its president and CEO is leaving “to pursue other opportunities effective immediately”. He will be replaced on an interim basis by Hinrich Woebcken, who was recently named as head of the North American Region and chairman of Volkswagen Group of America.

Herbert Diess, CEO of Volkswagen, commented that in his time in the US Horn “showed exemplary leadership during difficult times for the brand”.

Horn has served the OEM for 25 years, taking up the role of president and CEO in January 2014. He was previously global head of aftersales, and before that he was head of VW sales North West Europe; head of sales and marketing for luxury vehicles; and head of sales for Europe.