FRANKFURT (Reuters) -- Volkswagen AG denied on Monday a report that it was on the verge of hiring former DaimlerChrysler executive Wolfgang Bernhard to run its Volkswagen division.
"This is nonsense," VW spokesman Dirk Grosse-Leege said in reponse to the Automotive News report that cited VW sources.
The industry paper had reported that Bernhard's salary demands were the only item left to negotiate and that the former chief operating officer at Chrysler would start at VW in January if he could agree terms with Europe's biggest carmaker.
Volkswagen Chief Executive Bernd Pischetsrieder has been running as well the Volkswagen division, which groups the VW, Skoda, Bentley and Bugatti brands.
The board at DaimlerChrysler abruptly bumped Bernhard, 43, from the job as head of the German-American group's prestigious Mercedes Car Group just days before he was supposed to start in May, and he left the company in July.
Since then, market talk has also linked him to a possible senior job at General Motors.
Sources familiar with Volkswagen's thinking say VW is interested in Bernhard -- an aggressive cost-cutter who helped get Chrysler back on its feet -- but that nothing concrete was in the works.