Crunch time for Qoros as CEO resigns

- Veteran global automotive industry executive Phil Murtaugh will leave fledgling Chinese auto-maker Qoros at the end of this month after less than a year in the top job, citing personal reasons.

- The car-maker, which has bold plans for exports into Europe and is a frequent subject of rumour in relation to the Australian market, said in a statement last week that chairman Anning Chen will take on the role of acting CEO, supported by vice-chairman Dan Cohen and “a reinvigorated operational management team”.

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