What's driving the latest Volkswagen power struggle?
Information about What's driving the latest Volkswagen power struggle?
By Christoph Steitz and Ilona Wissenbach
FRANKFURT (Reuters) – Volkswagen CEO Herbert Diess’ frail relationship with German labour representatives hit a new low this week with disagreement over how radical the overhaul at Europe’s top carmaker must be in its quest for electric vehicle dominance.
While both sides tried to demonstrate unity at a staff meeting on Thursday, the first at Volkswagen’s giant Wolfsburg plant in nearly two years, there is no guarantee the dispute can be fixed quickly, if it can be fixed at all.
In fact, Volkswagen’s four-member mediation committee is planning to discuss Diess’ future soon, sources have said, creating uncertainty around the carmaker’s leadership less than four months after the CEO’s contract was extended.
IS DIESS STILL THE MAN FOR THE JOB?