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.
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.
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.