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Neumann Leaves VW For GM

General Motors has grabbed Karl-Thomas Neumann from Volkswagen AG to be president of GM Europe and GM vice president. He will become a member of GM's Executive Committee and is expected to play a key role in the global leadership of GM. Neumann, who joined Volkswagen AG in 1999, was CEO and vice president of Volkswagen Group China, and was located in Beijing from September 2010 to August 2012.

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