Herbert Diess The Volkswagen boss, here shortly after starting in spring 2018, weakened his position with a harsh attack on the supervisory board. (Photo: Reuters) Dusseldorf, Frankfurt offensive Volkswagen-Boss Herbert Diess can hardly place his message to the top of the supervisory board. In front of 3400 top managers, he accused the members of the… Continue reading Leadership crisis: Drama about dies: The VW boss loses support
Tag: VW
Volkswagen plunges into governance crisis
The crisis that has been rumbling for several weeks within the world’s largest automaker has erupted. The supervisory board of Volkswagen announced Monday evening that Herbert Diess, the boss of the group, renounces the presidency of the eponymous brand. From 1 July, Ralf Brandstätter, its operational director, will take command of the German manufacturer’s standard.… Continue reading Volkswagen plunges into governance crisis
UPDATE 1-VW CEO apologised to supervisory board for “inappropriate” remarks
FILE PHOTO: Volkswagen Group CEO Herbert Diess attends a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China November 8, 2019. REUTERS/Aly Song FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess apologised to the company’s supervisory board for having made “inappropriate and wrong” statements at an internal event, the carmaker… Continue reading UPDATE 1-VW CEO apologised to supervisory board for “inappropriate” remarks
Chaos at Volkswagen: VW boss accuses supervisory boards of breach of law – supervisors discussed Diess kicking out
Herbert Diess Frankfurt would have been more prominent Volkswagen-Boss Herbert Diess can hardly place his message to the top of the supervisory board. In front of 3400 top managers, he accused the members of the executive committee that they had pierced the company’s internal media. “These are crimes that happen in the presidency and can… Continue reading Chaos at Volkswagen: VW boss accuses supervisory boards of breach of law – supervisors discussed Diess kicking out
Comment: The crack between Diess and the VW supervisory board can hardly be repaired
Herbert Diess and Hans Dieter Pötsch There is currently little to suggest that the CEO and the Supervisory Board could find each other again. (Photo: dpa) In Wolfsburg an unwritten law applies: The Volkswagen group and the brand Volkswagen should be managed by the same person if possible. The employee side in particular has repeatedly… Continue reading Comment: The crack between Diess and the VW supervisory board can hardly be repaired
Press Releases – Auto makers and electricity sector call for rapid action on charging points under EU recovery plan
Brussels, 9 June 2020 – The European Automobile Manufacturers’ Association (ACEA) and Eurelectric welcome the focus on infrastructure for electrically-chargeable vehicles in the coronavirus recovery plan announced by the European Commission. The associations support the goal of funding 1 million public charging points referred to in the plan. However, they note that this objective was… Continue reading Press Releases – Auto makers and electricity sector call for rapid action on charging points under EU recovery plan
Bentley to cut 1K U.K. jobs in recovery plan after virus
Christoph Rauwald, Bloomberg Published 9:06 p.m. ET June 5, 2020 Bentley Motors Ltd. plans to slash as many as 1,000 jobs in the U.K., about a quarter of its workforce, to cut costs and contain the fallout of the coronavirus crisis after years of weak profitability. The move adds to 2,000 other British auto-industry job… Continue reading Bentley to cut 1K U.K. jobs in recovery plan after virus
Tesla supplier ready to make million-mile battery
A Chinese car battery-maker says it is ready to manufacture a product capable of powering a vehicle for 1.2 million miles (two million kilometres) across the course of a 16-year lifespan. By contrast, most automakers only offer warranties ranging from 60,000 to 150,000 miles over a three to eight-year period on their cars’ batteries. Contemporary… Continue reading Tesla supplier ready to make million-mile battery
@VW Group: Dr. Stefan Sommer is leaving Volkswagen
Dr. Stefan Sommer will be leaving the Board of Management of Volkswagen Aktiengesellschaft on 30 June 2020. Sommer was appointed as a member of the Board of Management with responsibility for components and procurement with effect as of 1 September 2018. He is leaving the company at his own request by amicable and mutual agreement.… Continue reading @VW Group: Dr. Stefan Sommer is leaving Volkswagen
@VW Group: In virtual worlds in virtuosic style: Audi communicates in new digital formats
Audi is opening up a new chapter in its communications via digital channels. Journalists from all over the world are able to familiarize themselves with new products, explore technologies and gain exclusive insights in virtual environments. Aside from the experience aspect, dialog takes center stage. That is why the new formats such as the “Audi… Continue reading @VW Group: In virtual worlds in virtuosic style: Audi communicates in new digital formats