Škoda Auto to have new boss

The German-owned, Czech base carmaker Škoda Audo will have a new boss as of September, the company said on Friday. The current chair of Škoda’s board of directors, 58-year-old Reinhard Jung, will retire, and will be replaced by Winfried Vahnland, five years his junior. Mr Vahland, who joined the Volkswagen corporation in 1990, has been the head of the firm’s branch in China since 2005.