Herbert Diess

VW brand reorganizes model development to adapt more quickly to market trends

Jan. 20, 2016 17:21 CET

Volkswagen has reorganized vehicle development at its core VW brand as the automaker strives to boost profitability and adapt more quickly to market trends. The change creates four groups covering VW's small, compact, midsize and battery-powered cars....
Read More »

VW overhauls development process to prevent another diesel scandal

4:16 pm U.S. ET | Jan. 20, 2016

Volkswagen AG is changing the way it creates new models by giving developers more responsibility for overseeing a car from concept through the end of production to help prevent another diesel emissions scandal....
Read More »

THE VW EMISSIONS SCANDAL

VW brand boss Diess will cut expensive engineering habits, report says

Jan. 8, 2016 16:51 CET

VW brand chief Herbert Diess will reduce the automaker's expensive engineering habits by re-using technology and components and avoiding the fussing over details that was common under the company's previous leadership, Bloomberg reported....
Read More »

VW brand chief confident of finding solution to U.S. diesel issues

Jan. 6, 2016 09:42 CET

VW brand chief Herbert Diess said he is confident that the automaker will reach agreement with U.S regulators to bring nearly 500,000 diesel vehicles into compliance with U.S. emissions laws....
Read More »

VW's top executives plan U.S. visit as diesel woes mount

Jan. 5, 2016 10:52 CET

Volkswagen CEO Matthias Mueller and VW brand chief Herbert Diess will visit the U.S. this week and next week for the first time since the emissions cheating scandal broke last year, as the automaker shows few signs of progress in resolving the crisis there....
Read More »

VW's core brand feels the pain of cost cutting

12:01 am U.S. ET | Dec. 21, 2015

Volkswagen Group is trimming the number of components it uses at its core Volkswagen brand to soften the cost impact of the diesel emissions scandal....
Read More »

THE VW DIESEL CRISIS

VW will save 1.9 billion euros by reducing variants

Nov. 27, 2015 16:08 CET

VW Group has identified about 1.9 billion euros ($2 billion) in savings at its core brand that include reducing variants and trim options in a bid to help offset fines and recalls stemming from the manipulation of vehicle emissions....
Read More »

THE VW DIESEL CRISIS

VW labor boss says emissions scandal could involve 100 people

Nov. 13, 2015 17:31 CET

VW works council chief Bernd Osterloh said the automaker's diesel emission manipulations could involve up to 100 people....
Read More »

VW's global sales fall 5.3% in October amid emissions scandal

10:44 am U.S. ET | Nov. 13, 2015

Global deliveries at Volkswagen AG's namesake passenger-car brand dropped 5.3 percent in October as Europe's largest automaker struggled to contain the fallout from a cascade of emissions-manipulation revelations....
Read More »

THE VW DIESEL CRISIS

VW starts labor talks on what to cut amid emissions scandal

Nov. 9, 2015 18:11 CET

Volkswagen agreed to hold talks with labor leaders over priorities for investments and cost savings as the automaker grapples with the mounting cost of the emissions scandal....
Read More »

DOUGLAS A. BOLDUC

BLOG: Diess puts VW back on the offensive

6:30 am U.S. ET | Oct. 28, 2015

VW brand CEO Herbert Diess used his first auto show appearance since the Dieselgate scandal to apologize – again – before reminding the world why VW was on track to become the world's largest automaker prior to its crisis....
Read More »

THE VW DIESEL CRISIS

VW CEO Mueller will brief board committee on diesel investigation

Sept. 30, 2015 14:27 CET

Volkswagen CEO Matthias Mueller will brief the leadership committee of the company's board on the findings of an internal investigation as the automaker struggles to explain cheating in U.S. emissions tests....
Read More »

THE VW DIESEL CRISIS

Mueller will strengthen VW brand's independence

Sept. 29, 2015 08:21 CET

VW Group will strengthen the decision-making power of its core VW brand, CEO Matthias Mueller said. The brand "will in future be just as independent from the central corporation as Audi or Porsche," Mueller said....
Read More »

VW’s Diess to meet EU industry chief over emissions-test cheating

10:51 am U.S. ET | Sept. 28, 2015

European Union Industry Commissioner Elzbieta Bienkowska plans to meet Volkswagen AG executive Herbert Diess this week to discuss the German carmaker’s cheating on emission tests....
Read More »

THE VW DIESEL CRISIS

Volkswagen seeks to fill power vacuum

Sept. 24, 2015 08:22 CET

The leading candidates to replace CEO Martin Winterkorn as VW Group CEO are Porsche chief Matthias Mueller, who is backed by members of the family that controls a majority stake in VW, and Herbert Diess, a former BMW executive who took over the newly created post of VW brand chief this year....
Read More »

THE VW DIESEL CRISIS

VW to start firings over emissions scandal on Friday, report says

Sept. 24, 2015 13:05 CET

VW will start firings connected to the rigging of U.S. emissions tests and shake up management on Friday when the company's supervisory board meets, sources said. Top managers including U.S. chief Michael Horn and group sales chief Christian Klingler could also be replaced, even if they did not know about the deception, the sources said....
Read More »

Volkswagen CEO Winterkorn resigns amid diesel scandal

Sept. 23, 2015 17:07 CET

VW Group CEO Martin Winterkorn resigned his post, taking responsibility for the automaker's rigging of U.S. diesel emissions tests. Senior members of VW's supervisory board said they expect further heads to roll as an investigation seeks to identify who was responsible for what has turned into the biggest scandal in the company's history....
Read More »

CHRISTIAAN HETZNER

BLOG: Diess is the logical choice to replace Winterkorn

11:39 am U.S. ET | Sept. 23, 2015

After Martin Winterkorn's resignation as VW Group CEO, the best choice to succeed him would be Herbert Diess, the former BMW development boss who became VW brand head in July....
Read More »

CHRISTIAAN HETZNER

BLOG: Diess is the logical choice to replace Winterkorn

11:39 am U.S. ET | Sept. 23, 2015

After Martin Winterkorn's resignation as VW Group CEO, the best choice to succeed him would be Herbert Diess, the former BMW development boss who became VW brand head in July....
Read More »

Winterkorn shows no sign of quitting in board showdown

Sept. 23, 2015 06:01 CET

Volkswagen CEO Martin Winterkorn showed no sign of quitting as he faced a reckoning today with the executive committee of the automaker's supervisory board. Winterkorn was summoned to explain how the company came to falsify U.S. emissions tests....
Read More »

THE VW DIESEL CRISIS

VW's U.S. chief apologizes for diesel dupe: 'We have totally screwed up'

7:43 am U.S. ET | Sept. 22, 2015

Volkswagen's top U.S. executive was profusely apologetic for the diesel-emissions cheating scandal that emerged on Friday and vowed to win back the trust of the U.S. consumer....
Read More »

VW uses new Tiguan to shift focus back to cars after boardroom battles

Sept. 14, 2015 15:09 CET

VW is using the redesigned Tiguan, its top-selling SUV, to put the focus back on its vehicles after being plagued by leadership issues since the departure of former Chairman Ferdinand Piech....
Read More »

VW delays revamp of Phaeton flagship in profit push, report says

Aug. 21, 2015 10:51 CET

Volkswagen is delaying the introduction of the new Phaeton as the automaker seeks to improve returns on the upscale sedan by lowering production and material costs, Bloomberg reported....
Read More »

NEWS ANALYSIS

New VW brand boss Diess needs to cut costs, boost profits

June 30, 2015 06:01 CET

VW brand will have a new boss for the first time since 2007 when former BMW development chief Herbert Diess takes control. His tasks as successor to Martin Winterkorn, who remains VW Group CEO, include reining in costs, increasing profitability and making the brand a stronger player in the U.S....
Read More »

VW Group to be revamped into 4 holding companies, reports say

June 15, 2015 09:46 CET

Volkswagen's corporate structure will be reorganized into a decentralized system with four holding companies for the group's brands, reports said. VW Group's 12 brands include Porsche, Bentley and Audi as well as the volume marques VW, Skoda and Seat....
Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample