Volkswagen Group’s new CEO, Oliver Blume, isn’t interested in continuing his predecessor Herbert Diess’s longstanding “friendly rivalry” with Tesla CEO Elon Musk — reports Fortune. According to the publication, Blume told company managers in a meeting earlier this week that he has no plans to cozy up to the CEO of Volkswagen’s foremost competitor, which […]
It’s been less than a month since Volkswagen’s CEO stepped down, and the incoming head of the company is already looking to make some changes. Volkswagen’s new CEO Oliver Blume is looking to make the management board team smaller, as detailed by two sources familiar with the matter in a report from Reuters. Blume hopes […]
Volkswagen AG CEO Herbert Diess said in an address to employees this week that the company could overtake Tesla to become the top electric vehicle (EV) maker in the world by 2025 — reports the Financial Times. Diess said Tesla is “weakening” as it tries to ramp up production at its new Gigafactories in Austin, […]
Volkswagen Group of America has lost two key electric vehicle executives, ahead of the company’s plans to ramp up production of its ID.4, reports Automotive News. VW Group of America’s vice president for e-mobility, Matt Renna, has departed the company. He has since become head of hardware for autonomous delivery vehicle company Nuro in March, […]
Tesla’s position in the electric vehicle market and the auto market in general are both unmatched, and one legacy automaker’s head is noting that it may make it difficult to achieve some of the company’s lofty goals. Volkswagen may have a hard time reaching its goal of becoming the world’s biggest EV seller by 2025, […]
Herbert Diess, CEO of veteran German automaker Volkswagen, recently sat down with Lesley Stahl for an interview on CBS‘s 60 Minutes. The two started off by talking about Volkswagen’s production and supply chain woes amidst Russia’s ongoing invasion of Ukraine. Last month, Volkswagen delayed the ID.5 electric vehicle (EV) to May after the war cut […]
Following reports earlier this month saying that the Volkswagen ID Buzz would also be developed into an autonomous vehicle, the company’s top executive has taken the first ride in the driverless vehicle through a German city. Volkswagen’s CEO Herbert Diess took the ID Buzz around Munich for its first autonomous drive this week, according to […]
At a Volkswagen managers gathering in Alpbach, Austria, on Thursday, Tesla CEO Elon Musk addressed 200 of the German carmaker’s executives via video conference. During the event, Musk touched upon the secret sauce to his leadership of Tesla, his thoughts on VW as a competitor, and more, reports Reuters. Volkswagen CEO Herbert Diess later confirmed […]
With plans to stop selling gas cars in Europe by 2035, Volkswagen is already working its way to transition to electric vehicles (EVs) – though the company’s head says the transition is not fast enough amidst growing competition. Volkswagen CEO Herbert Diess told a supervisory board in September that transitioning to EVs too slowly could […]
It’s hard to pin down exactly how the head of Volkswagen feels about Tesla, with statements earlier this year saying that the company hopes to “get close and overtake Tesla” as an electric vehicle (EV) leader in the world, then last month praising the company’s Supercharger network. On Monday, when asked if he saw any […]
According to Business Insider Germany, Volkswagen CEO Herbert Diess had an employment contract from Tesla in 2015 to become CEO which was ready to be signed. Current Tesla CEO Elon Musk was ready to hand over management of the electric vehicle (EV) company to Diess, though he eventually decided against it – for one mysterious […]
Volkswagen (VW) denied claims that it would join forces with Tesla on Tuesday, responding to “Squawk Box Europe” on whether the company would rule out future deals with the electric vehicle (EV) company, as reported by CNBC. VW CEO Herbert Diess said, “No, we haven’t considered [it], we are going our own way. We want […]
Volkswagen is a major auto brand, and is, thus far, the only major automaker to truly put up a fight against Tesla. Still, it’s worth a small fraction of Tesla’s market capitalization, so the fight’s far from over. On Thursday, Volkswagen CEO Herbert Diess created his own Twitter account, and tweeted his first message straight […]
