Diess will leave the German car group on September 1. Blume will also remain at the head of Porsche. Volkswagen Finance Director Arno Antlitz will assist Blume with operational leadership.
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Diess’ departure is unexpected, but behind the scenes, the CEO has clashed several times with the company’s powerful supervisory board. Members of the board and the CEO would have had different opinions about the strategy for Europe’s largest car maker.
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