Head of VW's Seat car brand to step down: source

FILE PHOTO: SEAT President and CEO Luca de Meo poses during an interview at the SEAT car factory in Martorell, near Barcelona, Spain October 31, 2018. REUTERS/Albert Gea/File Photo

FRANKFURT/PARIS (Reuters) – Luca de Meo, President of Volkwagen’s (VOWG_p.DE) Spanish Seat brand, is stepping down from his current role, a source close to the matter told Reuters on Tuesday.

Volkswagen declined to comment.

The resignation comes amid media reports that de Meo has been offered the top job at rival Renault (RENA.PA).

Reporting by Edward Taylor, Gwenaelle Barzic and Gilles Guillaume in Paris; Editing by David Goodman

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source: reuters.com