Automakers

VW power struggle ends as board backs CEO, compromises with unions

Diess is pushing for faster and more thorough reform at VW. (Krisztian Bocsi/Bloomberg)
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By:
Staff and wire reports
December 14, 2020 01:22 PM

MUNICH -- Volkswagen Group CEO Herbert Diess won backing from the automaker's supervisory board in a move that temporarily defuses a power struggle over his strategy to accelerate the automaker's push toward electric vehicles.

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