Herbert Diess

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VW CEO Diess resigns
The current VW CEO Herbert Diess will be replaced at the helm of the car company by Oliver Blume, Chairman of the Porsche sports car group, on September 1. The Wolfsburg-based company made the announcement on Friday following a supervisory board meeting.Diess, a former BMW manager, has led Volkswagen for more than four years and […] continue reading →
Volkswagen misses sales targets in China
Volkswagen boss Herbert Diess has lowered expectations of sales targets for the ID electric models in China. Instead of the projected 80,000 to 100,000 of the all-electric models, only 70,000 IDs have been sold this year, according to the statement. Diess is said to have admitted as much during an internal staff Q&A session at […] continue reading →