Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by ByJack Ewing April 12, 2018 WOLFSBURG, Germany — Herbert Diess has one big advantage as he takes over as the chief executive of Volkswagen after his official appointment Thursday. He is not a product of Wolfsburg, the carmaker’s base. Mr. Diess also has one big disadvantage. He is not a product of Wolfsburg. As a relative newcomer to the company, a former BMW executive who joined only two months before an emissions scandal erupted, Mr. Diess is not associated with the wrongdoing that continues to weigh heavily on the company’s image and finances, and that remains the subject of major criminal investigations by German and United States authorities. That sets Mr. Diess apart from his predecessor, Matthias Müller. While Mr. Müller denies having known of illegal software that evaded … [Read more...] about Volkswagen’s New C.E.O. Is an Outsider. That’s an Asset, and a Liability.
New balance factory
FRANKFURT — Volkswagen directors will meet on Thursday to discuss a far-reaching shake-up of its structure and leadership, in a test of unity for the car and truck maker's often divided management, labor chiefs and other stakeholders. Chief Executive Matthias Mueller is set to be replaced by VW brand boss Herbert Diess after failing to refocus the group's portfolio of car brands, ranging from Skoda to Lamborghini. That was a key pillar of "Strategy 2025" which promised extensive cost savings to fund investments to help transform the company into a leader in cleaner cars and new mobility services after the diesel emissions scandal of 2015. Volkswagen's efforts to reform have often been stifled by powerful labor unions who command half of the seats on the board of directors, and the German state of Lower Saxony, which controls a 20 percent voting stake. They seek to defend 100,000 VW jobs in Lower Saxony, while management wants to raise productivity and efficiency to bring it … [Read more...] about VW’s warring stakeholders to hash out new strategy
FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) directors will meet on Thursday to discuss a far-reaching shake-up of its structure and leadership, in a test of unity for the car and truck maker’s often divided management, labor chiefs and other stakeholders. FILE PHOTO: A VW logo is seen in front of the main building of the Volkswagen brand at the Volkswagen headquarters during a media tour to present Volkswagen's so called "Blaue Fabrik" (Blue Factory) environmental program, in Wolfsburg, Germany May 19, 2017. REUTERS/Fabian Bimmer/File Photo Chief Executive Matthias Mueller is set to be replaced by VW brand boss Herbert Diess after failing to refocus the group’s portfolio of car brands, ranging from Skoda to Lamborghini. That was a key pillar of “Strategy 2025” which promised extensive cost savings to fund investments to help transform the company into a leader in cleaner cars and new mobility services after the diesel emissions scandal of 2015. … [Read more...] about Factbox: Volkswagen’s warring stakeholders to hash out new strategy
Despite the recent avalanche of go-fast Volkswagen Golfs off the back of 2017’s Mark 7.5 update, there’s evidence about that you can’t please everyone all of the time. Not that VW Australia hasn’t been trying. The evergreen ‘staple’ five-door front-drive GTI returned, of course, as did the R in both hatch and wagon forms as the initial dumping. These were followed almost immediately by a deluge of all-you-can-eat versions such as the three-door GTI Performance Edition 1 and R Wolfsburg Editions. By the very brief time it took Volkswagen Australia to concoct and release cut-priced hatch and wagon versions of the R with the new Grid nameplate, you’d figure that, yes, all bases might be covered for all tastes, but no, there was still one important niche left to fill in Hot Golf-dom… The GTI Original fills an important gap in Golf’s otherwise utterly fulfilling pantheon. Perhaps more important than, at a $37,490 list price … [Read more...] about Volkswagen Golf GTI Old v New: 2018 MkVII v 2007 MkV comparison
So its now time for me to start writing another one of my 'unbiased' points of view on a certain car or cars. The past six months have been pretty good to me in terms of motoring as I started to write for myautoblog.org and then for www.carthrottle.com. I have to thank a very old pal of mine, Chan Lee Meng of uglychickens.blogspot.com who pointed me to the direction where I should be paid for what I write as he thinks that some of my articles are pretty decent. I suppose he was right, and I therefore owe him one. Big time. Now writing for a wider audience is a good thing and also a bad thing. The good thing is that I still speak my mind on stuff on these sites, the bad thing is that there is now a wider audience that disagrees with what I say. Of course, there are those who agree with me too. But the point I am making here is that, I do like the attention, and criticism does not hurt me. Maybe I am thick skinned. And this is a good thing isn't it? Anyway, I am now supposed to … [Read more...] about Old vs New: Part I