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VW CEO Has ‘Old, Encrusted’ Structures Left to Break Up

  • In op-ed, Herbert Diess says carmaker still isn’t agile enough
  • Industry will change ‘with or without Volkswagen,’ he says
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Tensions at the top of Volkswagen AG are spilling over into public view, with the chief executive officer swiping at opponents within the company who stand in the way of making the massive carmaker more nimble.

In a German business newspaper op-ed, Herbert Diess likened VW to a “tanker” at a time when automakers’ survival depends on quickly pursuing electrification and digitalization. He wrote that the company is highly influenced by labor unions who sometimes have different interests than shareholders.