HANOI, VIETNAM – Media reach – July 27, 2021 – Vingroup, Vietnam’s largest conglomerate, today announced that it has appointed Michael Lohscheller as CEO of its VinFast Global automotive division. Lohscheller will be responsible for the development of operations and the presence of VinFast worldwide.

When he starts his new job in Vietnam, Michael Lohscheller will lead VinFast’s operations in his current markets, namely Vietnam, the United States, Canada, France, Germany and the Netherlands, with a focus clear to develop the activity by focusing on North America and Europe. This will include the implementation of strategic initiatives to make VinFast a global smart electric car company.

Michael Lohscheller – new CEO of VinFast Global

Michael Lohscheller gained leadership experience in finance, technology, purchasing and logistics before becoming the former executive vice president of the Volkswagen Group of America. From VW he moved to Opel where he became CEO over the past four years. Under his leadership, Lohscheller led Opel to sustainable profitability after decades of losses. He also oversaw the transformation of Opel into a brand of electrified cars.

“Vingroup warmly welcomes Michael Lohscheller to our management team. We are convinced that its appearance will accelerate the global expansion of VinFast. circles of the global automotive industry “, said Thuy Le – Vice-President of Vingroup.

VF e35 – one of two VinFast EV models to be sold in North America and Europe in 2022

On his decision to join VinFast, Michael Lohscheller said: “During my career, I have always been drawn to new challenges. When the opportunity to join VinFast presented itself, I was immediately drawn to the opportunities for growth. I look forward to working with it. management team to develop the business into a global intelligent electric car company. “

With more than 20 years of work in the automotive industry, Michael Lohscheller is expected to play a key role in VinFast’s bold steps in global expansion and to become a global leader in intelligent electric cars.

About the career of Michael Lohscheller

Born in 1968, the German CEO graduated from the University of Applied Sciences in Osnabrück (Germany) and the University of Barcelona (Spain) in 1992. During his working years, Michael Lohscheller completed a program of Masters in European Marketing Management and graduated from Brunel University London in 1996.

Active in the automotive industry for over 20 years, Michael Lohscheller has held various senior positions: Executive Vice President and CFO of Mitsubishi Motors Europe, Executive Vice President and CFO of Volkswagen Group of America, Director Executive Officer at Opel Automobile GmbH and member of the board of directors of the PSA group, etc.

During his tenure as CEO of Opel, Michael Lohscheller has honorably received prestigious awards for excellent automotive managers: Eurostar 2019 (Automotive News), Manbest 2019 (Autobest) and Manager of the year 2019 (AutoZeitung).

Michael Lohscheller has been widely recognized for his prowess in business strategy, restructuring, mergers and acquisitions, corporate finance, financial analysis, pricing strategy.

About Vingroup and VinFast

As Vietnam’s largest private conglomerate and one of the largest in Asia, Vingroup currently operates in three key sectors, namely technology, industry and services. In all sectors he has been involved in, Vingroup is still a pioneer leading market trends and creating world class products and services in Vietnam. Learn more about: https://www.vingroup.net/fr.

VinFast – a member of Vingroup – is the first Vietnamese manufacturer of premium automobiles and the first Vietnamese automobile brand to enter global markets. Founded in 2017, VinFast’s state-of-the-art manufacturing complex, 90% automated in northern Vietnam, is one of the largest in Southeast Asia. Designed to be one of the world’s leading intelligent electric mobility companies, VinFast is currently producing several models of electric scooters and buses in Vietnam, and will launch three new electric SUVs – VF e34, VF e35 and VF e36 of C-class respectively, D and E – in Vietnam, North America and Europe in 2021 and 2022.

#Vingroup #VinFast