The Volkswagen Group has made decisive progress in its four industry-leading technology platforms. It is also tapping into highly attractive additional profit pools as part of its transformation from legacy automaker to integrated mobility provider by further expanding its sustainable mobility business. At the Group's press conference at IAA Mobility in Munich, CEO Oliver Blume said: "We are making good progress. And faster than planned. We have reached numerous milestones, set important strategic directions and achieved joint successes.
The mediation committee of Volkswagen Group's supervisory board plans to discuss the future of CEO Herbert Diess, three people familiar with the matter said, a week after a long-standing conflict with labor representatives flared up again.
Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. The guiding principle is to be the development of sustainable, connected, safe and tailored mobility solutions for future generations.
