Herbert Diess May Remain as Volkswagen Group CEO With New Deal

After Herbert Diess said that Volkswagen could lose 30,000 jobs if it did not move fast toward electric cars, that almost cost him his job. According to Reuters, that may not be an issue anymore thanks to a new deal reached between him and board members, especially those representing Volkswagen workers. The new agreement would make Diess concentrate solely on strategy, leaving the company’s operations in oth... (continue reading...)