The Volkswagen Group is fundamentally realigning its organisation in China. A new “China Board” headed by Ralf Brandstätter is to make key decisions in the region across brands and in exchange with the joint venture companies.
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Volkswagen has decided to further electrify its European locations as part of its new planning round. 89 billion euros will be invested in future technologies such as electromobility and digitalisation alone over the next five years.
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According to a media report, VW brand manager Ralf Brandstätter is to become the Volkswagen group’s new board member for China, replacing group CEO Herbert Diess in this post. Brandstätter would thus still join the group’s board of management, albeit in a different capacity than previously suspected.
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A solution is emerging in the power struggle at Volkswagen. According to insiders, Volkswagen boss Herbert Diess can continue to lead the Wolfsburg group, but he will have to relinquish power. The solution apparently foresees, among other things, that VW brand manager Ralf Brandstätter will be promoted to the group’s board of management.
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The power struggle in Wolfsburg has apparently still not been resolved. According to an article in German media, the supervisory board has not yet decided whether or not to dismiss their CEO Herbert Diess, who has been under fire from upper management. As it currently stands, Diess is not supposed to be involved in important […]
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Following Audi’s lead, the Volkswagen brand VW no longer intends to develop new combustion engines. Further developments of the existing units would suffice, according to CEO Ralf Brandstätter, before VW is to become mostly electric.
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The Volkswagen brand has presented its ‘Accelerate’ strategy that should speed up its electric plans. VW also mentions concrete model plans, although, in the case of the electric compact car, the German carmaker company has been sparing with detail.
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Volkswagen has restructured the Board of Management of its core passenger car brand. Frank Welsch, Member of the Board of Management responsible for Development, moves from the brand to the Group and will take charge of the new Group Quality Management and Strategy department.
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Jürgen Stackmann, a member of the Board of Management of the VW brand, has left the Volkswagen Group with immediate effect. As of 15 September, the new Board Member for Sales is now Klaus Zellmer, previously head of Porsche Cars North America.
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The order launch for the ID.3 on 17 June was already known, however, the delivery launch had still not been announced – not only because of the software problems. According to Volkswagen, the final schedule has now been fixed.
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After news broke last night, that the VW Supervisory Board had withdrawn the leadership of the VW Passenger Cars brand from Group CEO Herbert Diess, more details behind the reasoning have come to light and not all of them look very pretty.
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Volkswagen CEO Herbert Diess has massively tightened the group’s austerity measures in the Corona crisis and made some choice words internally regarding electrification. Diess’ goal: E-mobility must not remain a subsidy business.
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