Search Results for ‘herbert diess’

Herbert Diess, the Volkswagen Group’s CEO, has been open about his support of Formula 1’s plan to switch to synthetic fuels in the near future . With Honda’s exit from the sport, rumors are swirling that the German giant may be interested in supplying engines. If the news sounds a little far...

Volkswagen will provide the Greek island of Astypalea with 1,000 electric vehicles in an effort to use the island as a testing ground for electric infrastructure. The group will provide police vehicles, emergency vehicles, buses, and fleet vehicles to the island, replacing its current fleet of...

Former United States Prosecutor Larry Thompson says that Volkswagen has taken appropriate steps to atone for its crimes following the diesel gate scandal. The company has reformed its corporate culture and adopted measures to make it easier for employees to report wrongdoing, he noted in a final...

There’s been some drama at the highest levels of the Volkswagen empire. In a short statement issued on June 9, the company acknowledged an apology from CEO Herbert Diess but neglected to mention the cause of the offense. According to a report from Reuters, there may be one of two reasons for...

Forget all about that Porsche dude . The current CEO of Volkswagen Group’s sporting car brand will not become the new head of the automaker’s namesake brand. Instead, a supervisory board meeting Monday saw Herbert Diess punted, replaced by the brand’s former chief operating officer. Come July...

If you’ve got any Audi shares socked away in a file folder, you might be getting a call from VW CEO Herbert Diess soon. That’s because Volkswagen aims to own 100% of Audi shares and enhance its role within the VW Group. You’re pretty unlikely to own any Audi shared, though, because VW already...

Elon Musk publicly announced his support for VW CEO Herbert Diess on Tuesday. The Tesla CEO referenced VW's push toward electric cars when complimenting Diess for his work in helping protect the environment. Herbert Diess is doing more than any big carmaker to go electric. The good of the...

Methodical German prosecutors have finally made their way to the top of Volkswagen’s executive ranks, charging CEO Herbert Diess and Chairman Hans Dieter Poetsch with stock market manipulation. On Tuesday, the prosecutor’s office in Braunschweig indicted Diess, Pötsch, and former CEO Martin...

Take this with an Everest-sized grain of salt, but the UK’s Autocar reports that Volkswagen is —and I cannot stress this enough—allegedly taking another look at the Golf R400. The report comes from an unnamed source who told Autocar that VW is “looking at introducing a new ‘halo’ performance...

Volkswagen plans to spend a total roughly $50 billion (44 billion euros) on electric vehicles, digitalization, and autonomous driving by 2023. That’s up from the roughly 34 billion euros VW said it planned to spend last year. The automaker’s top brass also said announced that it would be...

We’ve been covering VW’s proposed cooperation with Ford pretty closely over the past few weeks, but now it looks like it might just be a part of a bigger picture that sees Audi’s role as engineering hub seriously diminished. Volkswagen will release a 10-year plan on November 16 and Automotive...

Shortly after the United States formally accused former CEO of Volkswagen Martin Winterkorn of criminal wrongdoing related to the company’s diesel emission scandal, it decided to let the company’s new boss know that he’s safe to visit whenever he likes. The U.S. Justice Department has agreed to...

Herbert Diess’ second week as CEO of the Volkswagen Group comes with the task of reporting a positive, if slightly less profitable than expected financial results for the first quarter of 2018. Deliveries for the first three months of 2018 rose steeply, with the Group delivering 7.4% more...

Volkswagen Group  last week appointed Herbert Diess as its new CEO, who replaces Porsche transplant Mathias Mueller in the position. Diess will be tasked with simplifying the complicated VW Group conglomerate and ensuring it remains profitable going forward. One way to help achieve both of...

Following last week's decision to name Herbert Diess CEO of the Volkswagen Group, Audi is now also likely to name him chairman of its 20-person board. The move would be part of the recent  restructuring at the VW Group and its avowed desire to make the company more streamlined and reactive...

The Volkswagen Group has made good on its promise to reshuffle its management structure, as Herbert Diess is now taking over from Matthias Mueller as CEO of the Volkswagen Group. Although it’s not quite clear where Mueller will go from here and who will replace Diess at the Volkswagen brand...

Volkswagen’s management structure is set for some changes in the name of efficiency according to a new report from Reuters . The report alleges that the VW brand’s CEO, Herbert Diess, will replace Matthias Mueller as the CEO of the larger Volkswagen Group. Mueller was promoted from his role...

Speaking at the North American International Auto Show in Detroit, Herbert Diess, chairman of the board at Volkswagen, said that the brand sold more cars in 2017 than it ever had before. Sales rose 4.2% in 2017 to 6.2 million vehicles, said Diess. More than half of those came from China, where...

Even though the Mk2 Tiguan concept featured hybrid power, and even though Volkswagen is in the midst of one of the world’s biggest electrification pushes, North American customers won’t be able to buy a plug-in hybrid Tiguan. That’s according to Car and Driver which reports that VW boss...