The recent dismissal of Volkswagen Group CEO Herbert Diess has sent shockwaves through the automotive industry – but particularly amongst those following the rise of electric vehicles. While most othe...
Tag: Herbert Diess
VW’s Diess Goes, As Flawed Governance Foils Another Leader
Herbert Diess, chief executive officer of Volkswagen AG, who is leaving at the end of August. … [+] Photographer: Krisztian Bocsi/Bloomberg © 2022 Bloomberg Finance LP A software spat probably t...
VW Chief Diess To Leave, Replaced By Porsche’s Blume
VW’s Herbert Diess (Photo by Sean Gallup/Getty Images) Getty Images Volkswagen said Friday Group CEO Herbert Diess is stepping down, an unexpected move that will shock investors. The move came a...
Europe Car Forecasts Turn Negative, While Electric Sales Growth To Stall
Electric car sales in Western Europe are set to stall. getty Sales prospects for cars and SUVs in Western Europe are fading fast with forecasts dropping into negative territory as economic prospects w...
Porsche And Audi To Join F1 As A Sign They Can Make More Money Than Invest
Volkswagen-owned Porsche and Audi will be joining Formula 1 in 2026. Porsche will be partnering with … [+] Oracle Red Bull Racing for power plants. (Photo by Mark Thompson/Getty Images) Getty Im...
Unfavorable Views Of China At New High In Pew Survey Of Americans
Vladimir Putin, Russia’s president, right, answers questions as he sits beside Xi Jinping, China’s … [+] president, at the St. Petersburg International Economic Forum in 2019. Photographer...