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Herbert Diess, Volkswagen Group's new CEO, is out to accomplish what no predecessor since Ferdinand Piech has achieved: Turn a profit in the U.

S.

Elevated to the top job last week after just three years at the company, the 59-year-old ex-BMW executive has a reputation for delivering on his restructuring targets — and high on his to-do list is ending the string of losses in the world's second-largest car market.

"In realigning the Volkswagen brand, he has demonstrated to impressive effect the speed and rigor with which he can implement radical transformation processes," said Diess' boss, VW Supervisory Board Chairman Hans Dieter Poetsch, last week.



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New Volkswagen CEO To Focus On Making US Market Profitable

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