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VW Group CEO Herbert Diess is coming to TC Sessions: Mobility 2022

 2 years ago
source link: https://finance.yahoo.com/news/vw-group-ceo-herbert-diess-192002011.html
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VW Group CEO Herbert Diess is coming to TC Sessions: Mobility 2022

Kirsten Korosec
Fri, April 22, 2022, 4:20 AM·3 min read

Volkswagen Group, one of the world's largest automakers with nearly 9 million vehicles sold last year, ratcheted up an already ambitious strategy in 2021. The target: to transform the company from a maker of cars, commercial vans, sedans and even motorcycles into a global mobility business that will in lead in EV sales, software and future technology like autonomous driving by the end of the decade.

It's a massive undertaking for a company that has 10 brands, including Audi, Bentley, Cupra, Ducati, Lamborghini, Porsche, Seat, Skoda, Volkswagen and Volkswagen Commercial Vehicles and employs more than 662,000 people globally.

And the person at the helm of this endeavor — Dr. Herbert Diess — will be joining TC Sessions: Mobility 2022 for an online portion of the event that gives everyone, regardless of their location, a chance to tune in.

TC Sessions: Mobility 2022 takes place live in San Mateo, California, on May 18 and May 19. On May 20, Diess will join as special guest to our online analyst commentary to talk about everything, from the company's pursuits in EVs and autonomous vehicle technology, to his thoughts on the newer competitors like Tesla and how it has affected VW Group, to plans for the future.

Considering Diess' experience, expertise and ambitions, the interview promises to cover considerable ground and offer insights into where a company that generated nearly €250 billion last year is headed — and how it plans to get there.

After holding a number of management positions at Robert Bosch GmbH and BMW, both in Germany and abroad, Diess was appointed CEO of the Volkswagen Passenger Cars brand from 2015 until 2020. In 2018, Diess was became CEO of Volkswagen Group and was assigned responsibility for the China Board of Management Division since 2019. Diess took over in January 2022 responsibility for the automotive software unit CARIAD within the Volkswagen Group Board of Management.

Diess' years as CEO haven't been easy, battling through the pandemic and related global semiconductor shortage, labor disputes, the rising prominence of Tesla as a competitor and power struggles within the board.


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