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International

Jan Schwartz

Bayer faces class action suit over Monsanto takeover in Germany, lawfirm says

Dec 15 2021

By Sabine Wollrab, Patricia Weiss, Matthias Inverardi and Jan Schwartz

Diess stays CEO to steer Volkswagen into electric future

Dec 09 2021

HAMBURG/FRANKFURT Volkswagen CEO Herbert Diess will stay on with rejigged responsibilities, the carmaker said on Thursday, ending weeks of uncertainty about his future amid conflict with unions, as the company ratcheted up spending plans on electric cars.

Volkswagen's Diess to remain CEO, but with fewer powers - sources

Dec 06 2021

HAMBURG (Reuters) -Volkswagen CEO Herbert Diess will likely stay on to lead Europe's largest carmaker as part of a solution that will see him cede some responsibilities following a clash with labour leaders, two people familiar with the matter said.

UPDATE 2-Volkswagen's Diess to remain CEO, but with fewer powers - sources

Dec 06 2021

* Volkswagen preferred shares extend gains (Recasts, adds details, shares)

Volkswagen CEO, under fire over strategy, positive over recent talks

Nov 30 2021

HAMBURG Volkswagen CEO Herbert Diess, currently under heavy fire from unions over strategy, struck an upbeat tone at a recent manager meeting on talks over the company's five-year investment plan, including the future of its Wolfsburg plant.

VW CEO's future still uncertain, with talks 'on a knife edge'

Nov 24 2021

HAMBURG (Reuters) -Volkswagen's top committee did not make a decision on the future of Chief Executive Herbert Diess at a meeting on Tuesday, two sources with knowledge of the matter said on Wednesday, with one describing talks as "on a knife-edge." | Video

VW board committee to discuss CEO's future on Tuesday - sources

Nov 22 2021

HAMBURG (Reuters) -Volkswagen's supervisory board executive committee will meet on Tuesday to discuss the future of Chief Executive Herbert Diess, who is likely to remain at the helm of the carmaker despite tensions over his management style, sources said on Monday.

Decision on Audi-McLaren deal unlikely this year - sources

Nov 17 2021

BERLIN/HAMBURG (Reuters) -A decision on a possible partnership between Volkswagen's Audi and British sportscar maker McLaren was discussed at Audi's supervisory board meeting on Wednesday but will likely take until next year, two sources told Reuters.

Volkswagen CEO faces German workers as Tesla tensions flare again

Nov 04 2021

FRANKFURT/HAMBURG (Reuters) -Volkswagen CEO Herbert Diess sought to defuse a clash over the pace of reforms he thinks are needed to keep up with the likes of Tesla by addressing thousands of workers at the German carmaker's Wolfsburg plant on Thursday.

Exclusive-Volkswagen committee to discuss future of CEO Diess - sources

Nov 03 2021

HAMBURG (Reuters) -A specially convened Volkswagen committee will discuss the future of CEO Herbert Diess, three people familiar with the matter said on Wednesday, a week after a longstanding conflict with labour representatives flared up again.

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