Diess keeps top job as VW increases EV spending to catch Tesla

VW Diess — Diess also will take on responsibility for the company's software unit Cariad. (Aly Song/REUTERS)

By:

Reuters

December 09, 2021 02:21 PM

HAMBURG -- Volkswagen Group CEO Herbert Diess will stay on in the role, the company said, ending weeks of uncertainty about his future as the automaker increased spending on electric cars to catch up with Tesla.

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