The resignation of Opel CEO Karl-Thomas Neumann touched off speculation about where he might land, and most of it centered on Audi, where chief exec Rupert Stadler is under pressure for his handling of the Volkswagen diesel emissions scandal.
Neumann, 56, is a VW Group veteran. He joined General Motors in 2013 to lead its European operations after losing out in a management shuffle at VW. He had been in charge of electro-mobility and head of China for VW.
He brought Opel to the brink of profitability, and his performance has been praised by its new owner, PSA Group. Neumann supported the sale of Opel, but German newspaper Frankfurter Allgemeine Zeitung reported that he was concerned that PSA did not fully concur with his vision of the growing importance of electric cars.
Neumann's replacement at Opel is Michael Lohscheller, 48, a "numbers guy" who has been Opel's CFO since 2012.