The Porsche and Piech families, which control Porsche SE, Volkswagen AG’s largest shareholder, continue to support German group CEO Herbert Diess, a Porsche spokesman said on Friday.
“Families continue to support Mr Diess. There is no change in their position, “the spokesman said.
The statement comes after the deteriorating relations between the head of Volkswagen and the German Group’s Board of Employees, amid disagreements over how VW’s work will be reviewed to meet the goal of becoming a leader in the electric vehicle segment.
The head of the VW Employees’ Council, Daniela Cavallo, told Handelsblatt that CEO Herbert Diess has developed the right strategy for Europe’s largest carmaker, but needs to get results from its implementation.
“And we notice that the implementation in certain areas is not done without friction among brands. But, in the case of a company with various brands, it is the duty of the management to ensure that the brands cooperate more efficiently “, Cavallo appreciated.
Earlier this month, the German publication Handelsblatt announced, citing a presentation by CEO Herbert Diess to the Supervisory Board, that Volkswagen AG is considering cutting up to 30,000 jobs to reduce costs and improve competitiveness amid competition from Tesla.
“There is no doubt that we need to solve the problem of the competitiveness of our factory in Wolfsburg, amid new market entrants. The debate is now ongoing and there are already many good ideas. There are no concrete scenarios “, explained the VW spokesman, Michael Manske, when asked to comment on the information.
A spokesman for the Volkswagen Employees’ Council said he did not want to comment on speculation if Diess made the statements, but “a reduction of 30,000 jobs is absurd and unfounded.”
Volkswagen is also considering listing its energy and electric vehicle charging division, in addition to plans for an Initial Public Offering (IPO) for the battery division, technology director Thomas Schmall said in an interview with the magazine. Store Manager.
Nothing has been decided yet and it will probably take two years for the new companies to be established and ready for listing, Schmall said.
He added: “We will also have to think as a whole,” referring to the Tesla model with its own charging network, solar systems for green electricity and car insurance policies.
Tesla produces its Model 3 car in 10 hours, while Volkswagen needs 30 hours for an ID.3 car.
The portfolio of the Volkswagen group consists of 12 brands, including VW, Audi, Porsche, Skoda, Lamborghini, Seat, Bentley, but also MAN and Scania trucks. (Source: Agerpres)
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