VW Group CEO Diess to leave company; Porsche's Blume named successor

Diess — Diess has arguably pushed the most aggressive electrification effort among legacy car manufacturers, earning plaudits from Tesla CEO Elon Musk. (ALBERT GEA/REUTERS)

Sa

By:

Staff and wire reports

July 22, 2022 04:17 PM

FRANKFURT -- Volkswagen Group CEO Herbert Diess is stepping down and will be succeeded by Porsche boss Oliver Blume.

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