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VW faces leadership crisis as CEO demands a vote of confidence

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Volkswagen, the world's largest vehicle maker by sales, risked a leadership crisis on Tuesday after Chief Executive Herbert Diess forced a vote of confidence in his reform efforts by asking for an early contract extension. The multi-brand car and truck maker is convening its Executive Committee to discuss Diess's demand for the contract extension, long before his current term comes to an end in 2023, three sources told Reuters on Monday. Volkswagen Chairman Hans Dieter Poetsch is seeking to av

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VW faces leadership crisis as CEO demands a vote of confidence originally appeared on Autoblog on Tue, 1 Dec 2020 08:19:00 EST. Please see our terms for use of feeds.

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