VW power struggle ends as board backs CEO, compromises with

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


VW power struggle ends as board backs CEO, compromises with unions
Staff and wire reports
Diess is pushing for faster and more thorough reform at VW.
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.
A statement from the supervisory board on Monday said members "unanimously resolved" to give its full support to Diess' strategy, in particular the orientation of the company toward electromobility and digitalization."
"Over the coming years, the executive board will implement this strategy under Herbert Diess' leadership," the board said.

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