Volkswagen AG Presents Financial Results For 2010

Volkswagen Group has sacked – well, he left "by mutual agreement," at any rate – its production chief, Michael Macht, marking the second executive dispatched by the automaker in the last week. Macht, pictured above, left, with VW Group Chairman Martin Winterkorn, was the man responsible for overseeing the introduction of VW's extremely important MQB platform, which will underpin a huge array of vehicles in the coming years.

However, the introduction has not gone to plan. One of the most important MQB cars, the new Golf, has faced delays at VW's Wolfsburg factory, according to Automotive News Europe. Those delays have led to some pricey overtime, which was apparently the straw that broke the camel's back for VW's supreme boss. According to ANE, sources inside the company said Winterkorn was "unhappy" with the MQB rollout.

Macht originally joined Porsche in 1990, and ran the sports car manufacturer up until 2010, when he was plucked from the position in favor of Matthias Mueller. Thomas Ulbrich, head of production for the VW brand, will take over for Macht on an interim basis.

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Group Board Member for Production, Dr. Michael Macht, leaves Volkswagen by mutual agreement

Dr. Michael Macht (53), Member of the Board of Management of Volkswagen Aktiengesellschaft with responsibility for 'Group Production', is stepping down from his post on the Board of Management with effect from August 1, 2014 by mutual agreement with the Supervisory Board of Volkswagen Aktiengesellschaft. Thomas Ulbrich, Board of Management Member for Production at the Volkswagen Passenger Cars brand, will take over Dr. Macht's responsibilities on a temporary basis until a successor has been appointed.

"Michael Macht has taken the Volkswagen production system further forward. We would like to thank him for his achievements", Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, said. The Group's production network has expanded strongly under Macht's leadership, and the annual production volume has increased from 6.7 million to almost 10 million vehicles.

Macht said: "The Volkswagen Group and its employees are unique and I am deeply grateful to have been part of this company. I am convinced the Group will continue its successful and sustainable growth of recent years."

Michael Macht holds a degree in mechanical engineering and joined Porsche AG in 1990. He was appointed Managing Director of Porsche Consulting in 1994 and became the member of the Board of Management of Porsche AG in charge of Production and Logistics in 1998. He was Chairman of the Board of Management of Porsche AG and a member of the Board of Management of Porsche SE from 2009 to 2010, and was instrumental in laying the foundations for the successful integration of Porsche AG in the Volkswagen Group. He was appointed Member of the Board of Management of Volkswagen Group with responsibility for 'Group Production' in 2010.