28 Jul 21
News

Former Opel CEO appointed as new head of VinFast

VinFast has appointed Michael Lohscheller, who recently stepped down as the CEO of Opel, as its new CEO. He will be tasked with scaling up VinFast's operations and presence around the world.

When he starts his new job in Vietnam, Michael Lohscheller will lead VinFast’s operations in its current markets, namely Vietnam, the US, Canada, France, Germany and the Netherlands, with a clear goal of growing the business focusing on North America and Europe. That will include implementing strategic initiatives to turn VinFast into a global smart electric car company.

Michael Lohscheller gained leadership experience in finance, technology, purchasing & logistics before becoming a former Volkswagen Group of America Executive Vice President. From VW, he moved to Opel where he became the CEO for the past four years. During his leadership, Lohscheller led Opel to sustainable profitability after decades of suffering losses. He also oversaw Opel’s transformation into an electrified car brand.

Photo: Michael Lohscheller in front of the new Opel Mokka (copyright: Opel)

Authored by: Benjamin Uyttebroeck