Volkswagen is closing two coal-fired power stations at its major plant in Wolfsburg, Germany and has rejected offers to sell them to slash the company’s carbon dioxide emissions, CEO Herbert …
Herbert Diess
Articles related to Herbert Diess.
- Volkswagen
Seat’s de Meo probably in talks with Renault, says Herbert Diess
by David Bondby David BondHerbert Diess, chief executive of Volkswagen, stated Luca de Meo, who stepped down as chief executive of the German automaker’s Spanish Seat brand this month, was probably in talks with …
- Volkswagen
Volkswagen faces same fate as Nokia without urgent reforms, says CEO
by David Bondby David BondVolkswagen needs to accelerate the reformation of its business to prevent itself from becoming another Nokia, which lost its market dominance in the handset to Apple, the German automaker’s CEO …
Volkswagen slashed its forecasts for operating profit and sales expansion on Monday because of a slump in demand for passenger cars, while keeping profit margin targets. “It is fair to …
- Volkswagen
ID.3 car 40% cheaper to build than electric Golf, says Volkswagen
by David Bondby David BondVolkswagen’s new ID.3 electric vehicle are going to be 40% cheaper to construct than the electric version of its Golf model, Chief Executive Herbert Diess informed investors on Monday. The …
- AudiLuxury
Former BMW executive Markus Duesmann tasked with reinventing Audi
by David Bondby David BondVolkswagen on Friday selected former BMW executive Markus Duesmann to reinvent Audi as the German premium brand appears to have lost key engineering know-how and influence following the 2015 diesel-cheating …
Volkswagen CEO Herbert Diess on Friday stated the German automaker has no strategy to cooperate with American electric automaker Tesla. During the interview in Wolfsburg, Germany, Diess stated that Tesla …
- Volkswagen
Volkswagen CEO, chairman to stay in office regardless of charges
by David Bondby David BondVolkswagen’s CEO and chairman will continue to stay in office, the company’s supervisory board stated on Wednesday, a day after German prosecutors brought charges against them for their role in …
- Volkswagen
VW to use Traton proceeds to internationalize truck business, says CEO
by David Bondby David BondGerman automaker Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to spend in the “internationalization” of the division, CEO Herbert Diess stated on Tuesday. …
- Volkswagen
VW wins worker support for restructuring with $1.1 billion battery plan
by David Bondby David BondVolkswagen workers supported a restructuring of Volkswagen on Tuesday after CEO Herbert Diess vowed to spend 1 billion euros ($1.1 billion) on a new battery cell production plant close to …

