Herbert Diess, Volkswagen’s CEO, has been replaced by Porsche CEO Oliver Blume, the company announced today.
Diess himself took over the company from Matthais Müller, who had taken over the CEO position in the wake of Dieselgate and the resignation of then-CEO Martin Winterkorn. It was hoped that Diess would be the sort of leader the company would need to regain its position in the market after the Dieselgate mess.
Of late, Volkswagen's challenges have been to stay ahead in the EV race in Europe, and some challenges—particularly, asnotes, in delivering effective next-generation vehicle software architecture on time and on budget—are weighing on the outlook. That , and it's intended to bring both automotive operating system software and cloud-based AI system to new Volkswagen Group products"in a few years." It is up to Blume now to get the software situation back on track.Blume, by the way, also rose to his previous position during the Dieselgate shakeup. He's been with Volkswagen Group since 1994, and chairman of Porsche's Board of Management since 2015.
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