October 24, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
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    Volkswagen CEO will announce strategic steps over electric cars this year

    Volkswagen needs to modify to stay relevant in the electric and digital vehicle era and will announce “important steps” to that end before the end of the year, CEO Herbert Diess said on Wednesday. “Volkswagen needs to change: From a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering – […]

    Volkswagen
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    Volkswagen not seeking a deal with Tesla, says CEO Herbert Diess

    Volkswagen’s CEO Herbert Diess on Monday sought to quell speculation that the world’s largest automaker, which is on its way to push for mass production of electric cars, has plans to develop deeper ties with start-up rival Tesla Inc. Diess met with Tesla’s CEO Elon Musk in Braunschweig, Germany, last week, and during his visit […]

    Tesla , Volkswagen
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    Elon Musk reportedly met Volkswagen CEO during Germany visit

    Tesla CEO Elon Musk met Volkswagen’s CEO Herbert Diess for a courtesy visit during which Musk took a test drive in Volkswagen’s new electric car, a source familiar with the matter said on Friday. A spokewoman for Volkswagen refused to comment on the meeting. A spokeswoman for Tesla could not be reached for comment. Volkswagen […]

    Tesla
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    CEO Diess enjoys full support from supervisory board, says Volkswagen

    Volkswagen on Thursday moved to turn down rumours that CEO Herbert Diess had been sidelined by issuing an unsolicited declaration of support, after clashes with the company’s labor leaders who resisted plans for deeper cuts. “The most important message is that the supervisory board and executive committee … are in complete agreement that our CEO […]

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    Volkswagen to move center of software development to Audi

    Volkswagen will move leadership for software development to the company’s premium Audi division located in Ingolstadt, Bavaria, Herbert Diess, CEO of the multi-brand group stated on Tuesday. “The center of gravity for software development will move from Wolfsburg to Ingolstadt,” Diess said during a virtual conference hosted by PWC in Germany on Tuesday. This week […]

    Audi , Volkswagen
    2019 Volkswagen Jetta GLI

    Volkswagen to replace software division head as transition to electric cars continues

    Volkswagen is replacing its head of software development, German newspaper Handelsblatt reported on Sunday, as the German automaker continues its transition to electric vehicles. The newspaper said Christian Senger, a former BMW manager who operates the recently founded Car.Software.Org unit, was to be replaced after clashes with the company and concern at software problems with […]

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    Elon Musk

    Volkswagen CEO praises Musk’s SpaceX success to motivate top executives

    Volkswagen CEO Herbert Diess evoked the historic rocket launch by rival electric automaker Tesla’s CEO Elon Musk to motivate top executives at the automaker as they seek to overcome the auto industry’s biggest market decline in decades, people familiar with the matter said. Musk’s Space Exploration Technologies has become the first private company to launch humans into […]

    Tesla , Volkswagen
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    Volkswagen thinking of more cost cuts to deal with crisis

    Volkswagen thinking about more cost cuts to help cope with the economic impact of the coronavirus, a spokesman for the automaker said on Saturday. The issue was discussed just recently at an internal event, the spokesman stated, when asked about a report in industry magazine Automobilwoche. “There were general deliberations about what additional cost measures […]

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    Volkswagen to install Porsche’s CEO as Volkswagen brand chief

    Volkswagen CEO Herbert Diess will promote Porsche CEO Oliver Blume to become head of the Volkswagen brand as part of a broader management reshuffle, Auto Motor und Sport stated on Tuesday citing company sources. Blume will be shifted to the VW brand to help the automaker find a grip on production issues with the VW […]

    Porsche , Volkswagen
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    German court ends diesel case against Volkswagen CEO and Chairman

    A German court stated on Wednesday it was putting the proceedings against the chairman and chief executive of Volkswagen AG to an end after the automaker agreed to pay a fine of 9 million euros ($9.9 million) with concerns about the diesel emissions scandal. CEO Herbert Diess and non-executive Chairman Hans Dieter Poetsch were alleged […]

    Volkswagen
    German automakers

    German automakers had call with Merkel about coronavirus crisis

    The heads of Volkswagen, BMW and Daimler held a crisis call with German Chancellor Angela Merkel on Wednesday to talk about how to get production restarted, Germany’s Handelsblatt newspaper reported. Automakers have stopped production at some sites as governments across the world have imposed lockdowns on their populations to stop the spread of coronavirus outbreak. […]

    European
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    Volkswagen burning through $2.2 billion a week as coronavirus stops production

    Volkswagen may have to cut jobs if the coronavirus pandemic is not brought under control as the German automaker is still spending about 2 billion euros ($2.2 billion) a week, CEO Herbert Diess informed German TV channel ZDF. Diess informed the Markus Lanz talkshow that the German company, which hires 671,000 people globally, was not making any sales outside China […]

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    Volkswagen CEO warns factory closures may stand for weeks

    Volkswagen CEO Herbert Diess on Saturday cautioned that the coronavirus crisis may force the automaker to keep its factories close for longer than initially planned. “Majority of our factories are closing for two weeks, in some regions for three. It is likely that these measures will last,” Diess said on LinkedIn. The company’s brands consists […]

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    Volkswagen suspends production in Europe as coronavirus hits sales

    Volkswagen Group is suspending production at factories throughout Europe as the coronavirus pandemic hits sales and disrupts supply chains, the company stated. The German automaker, which owns brands such as Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, Seat and Skoda, also stated that uncertainty about the fallout from the virus meant it was impossible to provide […]

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    herbert diess images

    Family clan members back Volkswagen CEO Herbert Diess strategy

    Wolfgang Porsche and Hans-Michel Piech, members of the family which controls German automaker Volkswagen, are wholly supporting the shift towards electric cars being driven by CEO Herbert Diess, they informed the Bild newspaper. Porsche and Piech both sit on the supervisory board of the company. “There is no alternative today to the path that he […]

    Volkswagen

    If you're planning an Off-Road Adventure into the outback, as a minimum, you’ll need an air compressor. Be sure to read this guide to choose the best off road 12 volt air compressor.