Reuters has been keeping clients and readers ahead on the twists and turns at Volkswagen, including the latest climax of the internal power struggle at the world’s largest carmaker. Reuters was first to report on Monday that the leadership crisis at VW was set to be defused by a compromise, allowing Chief Executive Herbert Diess to stay in charge. The company confirmed the news the same evening. In June, Reuters first reported on the radical strategy shift at Volkswagen. Reuters also revealed Volkswagen’s secretive Executive Committee would discuss the performance of its Chief Executive, Herbert Diess, who was then forced to surrender responsibility for overseeing the VW brand. The company confirmed the Reuters report the same day. Reuters was also first to report in October that Volkswagen was reviewing the future of its Lamborghini, Ducati and Bugatti brands in addition to revealing that the company had started legally separating these companies. Volkswagen confirmed the legal separation and review of its brands during an investor presentation in mid-November.
Take a look at more news and insights that Reuters delivered first: Volkswagen supervisory board to discuss VW brand leadershipVolkswagen replaces Herbert Diess as CEO of the VW brandEmissions crunch drives VW to overhaul its supercar strategyVW drawing up plans to carve out LamborghiniVW gauges interest in Ducati brand as a prelude to potential saleVolkswagen accelerates shift to electric, autonomous eraVW CEO pushes for contract extension in vote of confidence moveVW’s executive committee to convene Tuesday to discuss CEO’s futureVW seeks to avert crisis after CEO demands confidence voteVW bets on Porsche racecar engineer to help overtake TeslaVW supervisory board seeks ways to defuse leadership stand-offVolkswagen CEO set to survive power struggle
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