BY CHRISTOPH RAUWALD
STUTTGART, Germany—Volkswagen AG is shuffling its management as the German company seeks to strengthen its efforts in China and become the world’s largest auto maker by 2018.
“This step will give us additional force,” Chief Executive Martin Winterkorn said Saturday after an extraordinary meeting of Volkswagen’s supervisory board. VW also said it would improve cooperation between its truck brands and revamp the board at the company’s premium Audi marque.
Volkswagen posted record vehicles sales and profit for last year, mainly because of its large footprint in emerging markets such as China, superior pricing power in the highly competitive European car …