VW eyes 'big moves' in China to boost digital offerings, software team

Diess was replaced as VW Group CEO by Porsche boss Oliver Blume on Sept. 1 — “We are going to have a software team in China, for China,” VW Group CEO Herbert Diess said.

By:

Bloomberg

July 06, 2022 05:17 PM

Volkswagen Group is planning major investments in China to employ “several thousand” software engineers and catch up with local rivals when it comes to equipping cars with the latest digital technology, CEO Herbert Diess said.

Featured Stories

Ram sees growth opportunities for freshened Heavy Duty trucks

U.S. steel, aluminum tariffs mean higher costs for automakers and suppliers

Tariffs could upset the auto supply chain. Here’s how the industry has survived past disruptions.

Tesla brand damage? U.S. registrations sink 11% in January as EV rivals surge 44%

Latest News

CEO of WeatherTech assembling $94 million Florida estate

BMW to absorb tariff costs in U.S. on Mexican-built models

Maserati cancels plans for electric MC20 sports car

Tesla, Toyota, Chinese tap by-wire tech to accelerate software-defined vehicle shift

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

VW’s Ontario PowerCo plant faces potential tariff disruption, slower ramp up on lagging EV sales, exec warns

Steve Flamand appointed CEO of Hyundai Canada as Don Romano moves abroad

Cleveland-Cliffs is incentivizing workers to buy American cars

After a turbulent week, Canada’s auto industry takes a breath, with tariffs paused, for now

Staying current is easy with newsletters delivered straight to your inbox.