Former BMW executive Duesmann named new CEO at rival Audi
In this Wednesday, March 21, 2018 file photo then member of the board of the German car manufacturer BMW, Markus Duesmann, attends a press conference in Munich, Germany. (AP Photo/Matthias Schrader, file)
BERLIN -- German automaker Audi says former BMW executive Markus Duesmann is to become its new chief executive.
Audi said Friday that the 50-year-old succeeds current CEO Bram Schot on April 1.
Herbert Diess, the head of Volkswagen, of which Audi is a part, called Duesmann an "excellent engineer."
Audi has struggled to keep up with rivals BMW and Daimler in recent years.