By Christine Tierney
The Detroit News
Stefan Jacoby, the head of Volkswagen AG’s North American operations, is going to work for a Chinese car company at an awkward time for VW.
Jacoby, 52, has been tapped to run Volvo Cars when Zhejiang Geely Holding Co. completes the acquisition of the Swedish carmaker later in the summer, sources familiar with the situation said Thursday.
But the appointment has not been finalized, one of the sources said, speaking on condition of anonymity.