Hanoi (VNA) – Vietnam’s conglomerate VinGroup announced on July 27 that ithas appointed Michael Lohscheller as CEO of its automotive division VinFastGlobal.
Lohscheller, whoused to be Executive Vice President of the Volkswagen Group of America andCEO of Opel, will be responsible forscaling up VinFast’s operations and presence around the globe.
During his leadership, he led Opel tosustainable profitability after decades of suffering losses. He also oversawOpel’s transformation into an electrified car brand.
When he starts his new job in Vietnam, Lohschellerwill lead VinFast’s operations in its current markets, namely Vietnam, the US,Canada, France, Germany and the Netherlands, with a clear goal of promoting strategicinitiatives to turn VinFast into a global smart electric car company.
Vingroup’s Vice Chairwoman Le Thi Thu Thuy said Lohscheller’s participation in VinFast’ssenior management team reaffirms Vingroup’s long-term plan in attractingoutstanding talents and acquiring management expertise from elite circles ofthe global automotive industry.
On his decision to join VinFast, Lohschellersaid during his career, he has alwaysbeen attracted by new challenges. When the opportunity came to join VinFast, hewas immediately attracted because of the growth opportunities. He lookedforward to working with the leadership team to grow the company and establishit as a global smart electric car company.
With more than two decades of working in theautomotive industry, Lohscheller is expected to play a key role in VinFast’sbold steps in global expansion and towards becoming a leading global smartelectric car company./.