And picking a fight with the German carmaker’s powerful unions
is picking up speed,” declared Herbert Diess, boss of Volkswagen , presenting future plans to investors and the press on March 12th at the company’s headquarters in Wolfsburg. A fast move by the giant carmaker into electric vehicles will become quicker still, he vowed. His promise of 70 new electric models by 2028, rather than 50 as previously pledged, and 22ms delivered over the next ten years is the biggest commitment to battery power by any car company.
In 2017 unions successfully opposed the mooted sale of Ducati, a small Italian motorcycle-maker that is hardly core to, an equity-research firm, and corporate governance is “a catastrophe”.three years ago with a reputation as a cost cutter and took over as boss last year with a mandate from the Porsche and Piëch families, which control just over half the firm’s voting rights, to take on the unions.
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