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Volkswagen CEO Herbert Diess apologizes after appearing to reference Nazi slogan

Volkswagen CEO Herbert Diess has apologized after appearing to reference a notorious Nazi slogan while talking about the company's profits......»»

Category: topSource: moneycentralMar 15th, 2019

Volkswagen Boss’s Nazi Comments Are Hard to Excuse

Herbert Diess has many of the qualities needed to manage the electric car transition, but does he have the skills to communicate with worried workers?.....»»

Category: topSource: washpostMar 21st, 2019

Volkswagen wins worker backing for restructuring with $1.1 billion battery plan

Volkswagen workers backed a restructuring of the world's largest carmaker on Tuesday after Chief Executive Herbert Diess pledged to spend 1 billion euros ($1.1 billion) on a new battery cell production plant near its headquarters in Lower Saxony......»»

Category: topSource: reutersMay 14th, 2019

Volkswagen will use Traton proceeds to internationalize truck business: CEO

Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the "internationalization" of the division, Chief Executive Officer Herbert Diess said on Tuesday......»»

Category: topSource: reutersMay 14th, 2019

VW CEO says he is not being probed for fraud by German prosecutors

Volkswagen's Chief Executive Herbert Diess said he was not among the Volkswagen executives being probed for fraud and breach of fiduciary trust after German prosecutors on Monday sought to press criminal charges against his predecessor......»»

Category: topSource: reutersApr 15th, 2019

Volkswagen pushes battery partners to build Gigafactories

Volkswagen is pushing its joint venture partners including SK Innovation (SKI) to build electric car battery plants which have at least one Gigawatt manufacturing capacity, Chief Executive Herbert Diess told Reuters......»»

Category: topSource: reutersApr 15th, 2019

VW CEO plots major China push as trouble looms at home

A year into his tenure, Volkswagen AG Chief Executive Officer Herbert Diess is entering critical months as he seeks to craft a review of the carmaker’s sprawling Chinese operations while containing tensions at home in Germany......»»

Category: topSource: moneycentralApr 14th, 2019

VW CEO plots major China push as trouble looms at home

A year into his tenure, Volkswagen AG Chief Executive Officer Herbert Diess is entering critical months as he seeks to craft a review of the carmaker’s sprawling Chinese operations while containing tensions at home in Germany......»»

Category: topSource: moneycentralApr 14th, 2019

Volkswagen not interested in any tie-up with Fiat Chrysler: CEO to Il Sole

Volkswagen is not interested in a tie-up with rival Fiat Chrysler as the German carmaker's efforts were all focused internally, Chief Executive Herbert Diess told Il Sole 24 Ore and other two newspapers......»»

Category: topSource: reutersMar 28th, 2019

Volkswagen board condemns CEO Diess for evoking Nazi phrase, NY Post reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 18th, 2019

Volkswagen supervisory board condemns CEO"s "EBIT macht frei" remark

Volkswagen's supervisory board on Friday condemned remarks made by the company's chief executive after he appeared to allude to a Nazi-era slogan when he attempted to describe the carmaker's earnings potential......»»

Category: topSource: reutersMar 15th, 2019

Volkswagen Ups Electric Car Production Goal to 22 Million in the Next Decade

Its previous goal was 15 million. Volkswagen CEO Herbert Diess announced Tuesday that the car maker would produce 22 million electric cars over t.....»»

Category: europeSource: fortuneMar 12th, 2019

Volkswagen CEO: Will review group"s brand portfolio by year-end

Volkswagen Chief Executive Herbert Diess on Tuesday said the multi-brand conglomerate was reviewing its portfolio of brands as it seeks to slim down and hike profitability......»»

Category: topSource: reutersMar 12th, 2019

Volkswagen to unveil U.S. plan at end of first quarter, mulls further China steps in 2019

Volkswagen will decide whether it makes sense to raise its stake in Chinese joint venture companies toward the end of this year or beginning of next year, Chief Exectuive Herbert Diess said on Tuesday......»»

Category: topSource: reutersMar 12th, 2019

VW"s New Chief Vows to Accelerate Current Strategy

A day after being elevated to the top job at Volkswagen, Chief Executive Herbert Diess pledged to accelerate the pace of change at the company......»»

Category: smallbizSource: wsjApr 13th, 2018

New Volkswagen CEO to steer overhaul

Volkswagen has chosen Herbert Diess .....»»

Category: topSource: usatodayApr 13th, 2018

New Volkswagen CEO to steer overhaul

Volkswagen has chosen Herbert Diess as its new chief executive in an overhaul that includes streamlining the company's multiple car brands into just three groups while preparing its truck business for a potential listing. Ciara Lee reports......»»

Category: videoSource: reutersApr 13th, 2018

Volkswagen"s new CEO treads carefully on road to reform

WOLFSBURG/BERLIN, Germany (Reuters) - Volkswagen's new Chief Executive Herbert Diess embarked on the most far-reaching shake-up in the carmaker's history on Friday, seeking to unite a company whose feuding factions have often slowed reform......»»

Category: topSource: reutersApr 13th, 2018

Volkswagen"s new CEO asserts authority as sets out on road to reform

WOLFSBURG/BERLIN, Germany (Reuters) - Volkswagen's new Chief Executive Herbert Diess embarked on the most far-reaching shake-up in the carmaker's history on Friday, seeking to unite a company whose feuding factions have often slowed reform......»»

Category: topSource: reutersApr 13th, 2018

VW Makes It Official: Herbert Diess Takes Over as CEO

Diess’s appointment to succeed Matthias Mueller will be key to reassuring investors that the German behemoth can reform. Volkswagen picked a new leader in a management shakeup to ready the world's largest automaker for a wave of technologi.....»»

Category: europeSource: fortuneApr 13th, 2018

Volkswagen"s new CEO says to consider asset sales

WOLFSBURG, Germany (Reuters) - Volkswagen's new Chief Executive Herbert Diess on Friday said he will consider asset sales and seeks to turn the multi-brand conglomerate into a slimmed down company with strong brands......»»

Category: topSource: reutersApr 13th, 2018