VW negotiations going well, under-fire CEO Diess says

VW Diess with mask — VW's Wolfsburg plant will become unrecognisable by 2030, with changes underway that will make it "very competitive" to Tesla's new plant near Berlin, Diess said. (BLOOMBERG)

R

By:

Reuters

November 30, 2021 06:44 PM

HAMBURG -- Volkswagen Group CEO Herbert Diess, currently under heavy fire from unions over strategy, struck an upbeat tone at a recent manager meeting on talks over the company's five-year investment plan, including the future of its Wolfsburg plant.

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