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VW CEO Urges ‘Radical Overhaul’ to Tackle Technology Shift

  • Diess echoed ex-Porsche CEO comment that triggered labor clash
  • Automakers face growing challenges to revamp business models
A robotic arm scans the body of a Volkswagen ID.3 electric automobile at a factory in Zwickau, Germany.
Photographer: Krisztian Bocsi/Bloomberg
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Volkswagen AG Chief Executive Officer Herbert Diess told top managers that the world’s largest automaker needs to undergo a “radical overhaul” in the face of industry change or risk being pushed aside.