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Audi corporate changes
The Wed Financial Times reports that Herbert Demel, chairman of Audi,
is going to head VW of Brazil. Audi's board was expected to appoint
Franz-Josef Paefgen, current head of R&D, as new chairman.
Demel replaces Pierre-Alain de Smedt, who is to become chairman of
Seat in Spain. All this follow the resignation of Jose Ignacio
Lopez, who headed VW's production and purchasing.
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