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VW CEO Diess says will “certainly” remain in position into next year -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: Herbert Diess, Volkswagen CEO, looks on as he visits the electric vehicle plant at Zwickau in Germany. June 23rd, 2021. REUTERS/Matthias Rietschel/File Photo

BERLIN (Reuters), Volkswagen (DE) CEO Herbert Diess stated Wednesday that he is confident he will remain at his current position through next year after speculations about him being pushed aside due to turmoil surrounding potential company cuts.

When asked by Handelsblatt online whether he thought he’d keep his job, the CEO replied “Yes.”

The relationship between Diess and the workers council was strained over disagreements about how radical the reform at Europe’s largest carmaker should be to ensure electric vehicle dominance.

According to Diess, the CEO would meet Daniela Cavallo (head of workers council), who had harshly criticized his leadership last week. They were scheduled to talk strategy later Wednesday.

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