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On July 22, German time, the Volkswagen Group announced that Group CEO Herbert Diess will step down as CEO, which will take effect on September 1 this year. The position will be succeeded by Oliver Bloom. Just a year ago, Diess was awarded a contract extension from 2023 to October 2025. Diess’ departure comes at a critical window for Volkswagen to catch up with Tesla and on the eve of Porsche’s IPO. Inside the auto industry, Diess is considered to be the first person to push the traditional car giant to achieve an elephant turn. Judging from Diess’ own experience, the resistance and inertia within traditional car companies are huge. (First Finance and Economics)
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- 2022-07-23VW Group CEO Herbert Diess to step down as CEO
- 2022-07-18Volkswagen Group’s global sales in the first half of the year fell by 22% year-on-year, while pure electric vehicle sales increased by 27% year-on-year
- 2022-07-16Volkswagen pilots a new fast charging station powered by recycled car batteries
- 2022-03-16Accelerate the strategic transformation of NEW AUTO, Volkswagen plans to increase sales by 5%-10% this year
- 2021-12-11Volkswagen invests 89 billion euros to accelerate electrification
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