VW leadership change: short-term volatility but long-term stability

Herbert Diess, who steered Volkswagen out of the Dieselgate-era, is sent on his way earlier than expected. By Megan Lampinen

Volkswagen Group shakes off the last of the Dieselgate dust with the abrupt departure of Group Chief Executive Herbert Diess, but its challenges are far from over. In the decision to oust Diess three years before his contract expires, the supervisory board has rocked the boat in a very significant way. The hope is that a bit of volatility today will make for a smoother, and more lucrative, sailing overall.

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