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Volkswagen Group chairman Herbert Diess steps down | Autocar India

Written by Rashmi

Porsche CEO Oliver Blume will succeed Diess from September 1.

The Volkswagen Group introduced on July 22 that its chairman Herbert Diess is stepping down, with Porsche CEO Oliver Blume changing him on September 1. An official assertion from Volkswagen mentioned that Diess was leaving “by mutual settlement”, nonetheless, no particular motive was given for a similar. 

  • Herbert Diess resigns as chairman after 4 years
  • Arno Arlitz to turn out to be new COO of VW Group

Blume will stay Porsche’s CEO after assuming Diess’ obligations, with Volkswagen Group’s chief monetary officer Arno Arlitz shifting into the position of chief working officer.

Diess’ position at Volkswagen 

Diess had taken over the position of the VW Group’s chairman from Matthias Mueller in 2018, with the temporary to remodel the corporate after it hit a low level because of the 2015 Dieselgate scandal. 

His early shift in direction of EVs with the event of the MEB platform proved prescient, as Tesla gross sales grew quick and hard CO2 laws in each Europe and China decreased the time span for the sale of ICE autos.

Nevertheless, Diess has clashed with highly effective German unions over questions on how the corporate would substitute jobs within the electrical period. In November, the Volkswagen Works Council reportedly issued a no-confidence vote in Diess, as anger mounted over the corporate’s course on the matter.

There may be additionally hypothesis that Diess may need taken the blame for the corporate’s misjudgement within the software program rollout for each, MEB fashions and new ICE-powered automobiles. On the ID three electrical automotive’s launch, it was lacking some options, though earlier this yr, Volkswagen issued a significant replace for the MEB-based line-up’s infotainment system.

Oliver Blume to take over as new Volkswagen chairman

Whereas Oliver Blume is slated to take over the position of chairman from September 1, there isn’t any readability at this stage on what modifications he’ll make. He supported electrical expertise within the model’s current capital markets day presentation, the place he mentioned upcoming electrical variations of the Porsche Macan, Porsche Cayenne and the Porsche Boxster, and in addition introduced a brand new SUV primarily based on the upcoming Scalable Methods Platform (SSP). Porsche can be backing e-fuels to energy future variations of their iconic 911 mannequin. 

Blume joined the Volkswagen Group in 1994 and has held administration positions at Audi, Seat, Volkswagen and Porsche. He has been on the helm of Porsche since 2015 and the Group Board of Administration since 2018. 

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