The a are criminal offences With a sentence rang VW chief Diess to its deposition

Prior to the levy of the leadership of the VW core brand is said to have accused the group chief Herbert Diess to the Supervisory Board of the carmaker accordin

The a are criminal offences With a sentence rang VW chief Diess to its deposition

Prior to the levy of the leadership of the VW core brand is said to have accused the group chief Herbert Diess to the Supervisory Board of the carmaker according to the report, crime and lack of integrity. In connection with the critical internals in the case of Volkswagen, the Chairman of the Board brought in a Manager round in the past week in front of a few Thousand executives, appropriate allegations to individual inspectors, reported the "Handelsblatt" on Tuesday. He is reported to have said: "these are crimes that are happening in the Supervisory Board, the Presidium and, apparently, associated with it." From the environment of the group, it was said, the statements would have led to considerable irritation. At a stroke, This brought the major players from the circle of Shareholders and the works Council against itself.

Previously, had become Details about persistent problems in the production of the new Golf 8 or Diess' alleged desire for an early contract extension in public. In the video conference, the Manager should have warned that the Supervisory Board weakness in the business, whereby the dispersion of such information from his point of view had certain supervisors assign. According to reports, participants of the meeting and also members of the monitoring Board should be shocked to have been from these Statements made by the CEO. Diess had to subsequently apologize. Volkswagen Vz. 145,56 EUR -2,94 (-1,98%) Xetra

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First, there were legal objections to the deposition

For an instant, convened for the special session was also discussed, To dismiss this, the report said. Legal concerns have prevented all of this but, to hear from business circles. On Monday, Volkswagen announced that This 1. July will make the day to day management of the company's core brand, VW passenger Cars to the existing Co-brand CEO Ralf Brandstätter. The group stressed that a reorganisation of the structures, as well as "more free space" for This in the control of the overall strategy.

A group spokesman said on Tuesday that it was the intention of the Top-Manager, the own tire of your suit: "Dr. Diess didn't want to Express that the members of the Supervisory Board is punishable have made." The Statements had been made "in the context of press reports, to reach for the basis, in repeated cases, obviously, confidential information also topics of the Supervisory Board of media". You are looking for an in-depth analysis of the Volkswagen shares? Download the exclusive content of the equity report+ of Finanzen100 in a Report down. Concentrated the power of Analytics for your Trading decisions in Volkswagen shares.

Volkswagen is struggling with problems

Recently This was in relation to the core brand within the your own house strong under pressure. There had been serious technical and communication problems, which he made from the point of view of many critics, not a very good figure. Especially from the workforce and the works Council was to hear, This had the continuing difficulties in the production of the Golf 8, and the new E-car ID.3 the chief thing, and more present. Add to this the criticism of the workup of the outrage by a racist Golf came over the whole Management of video advertising on the Internet. The influence of trust in people of the IG metal-rich stated that staff were "massively concerned" because of the image of the VW donor.

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The electric ID want to overthrow.3, with the VW Golf-successor to the mass market and E-series with billion of investment to create, the problem also. The model of the plant in Zwickau that will be available for order mid-June, comes with a stripped-down feature set. Reason: Software Delays.

The adopted person alien are complex. Because on the one hand, Brandstätter was already Co-managing Director for the vehicles with the VW Emblem. And on the other hand, This should be in the parent group Board, the "overall responsibility for the Volkswagen passenger Cars, as well as the brand of group volume" is inherent. The latter includes about the March route for those areas with which the group competes in the mass business against other industry giants such as Toyota, Renault, and General Motors - in addition to the master brand, Skoda and Seat.

But the 51-year-old Brandstätter is now promoted from the COO ("Chief Operating Officer") to the CEO ("Chief Executive Officer") and thus to the main responsible Regent in the daily business.

Brandstätter can now be put to its proximity to the workforce, and acceptance of evidence. "For Volkswagen, the course is set in the future," he explained to the difficult tag in the direction of electro-mobility and digitisation. "Together, we will pursue our way, determined to continue." ECB: First Inflation, then a new monetary order is coming - what the saver is in FOCUS ECB: First Inflation, then a new monetary order is coming - what is the for savers

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Updated Date: 10 June 2020, 01:27

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