FRANKFURT
Volkswagen unexpectedly announced Friday (Jul 22) that its CEO Herbert Diess will step down in a few weeks after four years at the head of the German auto giant as it attempts an ambitious shift towards electric vehicles.
Diess’s will leave the helm from the top of the world’s second-largest automaker “by mutual consent” on September 1, Volkswagen said in a statement. The outgoing CEO had been in the hot seat at Volkswagen for months amid clashes with workers’ representatives and a nagging troubles at the group’s software division.
