VW to Publish New Strategy in Mid-June for Rebound From Scandal
- More than 250 employees working on company targets for 2025
- Project to outline eight key initiatives across the carmaker
VW Sets Aside $18 Billion to Pay for Diesel Scandal
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Volkswagen AG plans to abandon old habits like centralized decision-making and will become more open to cooperation with other companies in a new strategy being unveiled in mid-June to rebound from its emissions-cheating scandal.
More than 250 employees are developing the plan, which will comprise eight key initiatives across the group through 2025, Chief Executive Officer Matthias Mueller said Friday, according to excerpts of a speech at an internal management meeting at the carmaker’s Wolfsburg, Germany, headquarters.