BERLIN — Volkswagen Group’s prime management will meet on Tuesday To debate The biggest method forward for CEO Herbert Diess, Who’s Extra probably To Carry on the helm of the automaker regardless of tensions over his administration type, sources said on Monday.
The meeting Shall be attended by the automaker’s labor boss Daniela Cavallo, and by Wolfgang Porsche and Hans Michel Piech, who symbolize VW Group’s primary shareholder, the Porsche-Piech clan, sources with information of the negotiations said.
It is not but clear whether or not a final choice Shall be made at Tuesday’s meeting. However any choice would come earlier than a Dec. 9 supervisory board meeting To debate VW’s 5-yr spending plan, the sources said, declining to be named As a Outcome of of sensitivity of the matter.
The objective is to announce new board members alongside particulars on job prospects For staff and funding plans for the group as a package deal, the sources said.
“It appears As if the threads are coming collectively,” Definitely one of them informed Reuters.
VW declined to remark.
Diess and union symbolizeatives have clashed in current weeks over his administration type and The agency’s formidable electrification method, after the CEO warned at A gathering in October that 30,000 jobs Might be misplaced if The tactic was not managed properly.
German newspaper Frankfurter Allgemeine Zeitung first reported plans for Tuesday’s meeting of The chief committee of VW Group’s supervisory board.