Volkswagen CEO to existing software ‘reality check’ to board on December 15

Volkswagen‘s CEO will outline a new program and car or truck system strategy to the carmaker’s supervisory board on December 15 as he attempts to convert his predecessor’s vision into deliverable ambitions, three business sources advised Reuters.

Oliver Blume, who took the helm in September, has been producing the programs with the German group’s brands, which assortment from mass-industry VWs and Skodas to large-stop Audis and Porsches.

Predecessor Herbert Diess was lauded as a visionary for committing Europe’s premier carmaker, its image sullied by an emissions cheating scandal, to an electric powered long term. But he was also criticised for in some cases erratic leadership, and in certain for delays and expense overruns at program arm Cariad.

“1st up is the application and the truth check in that place. Then you have to transfer the software program to the items. Each have to healthy together … Issues that ended up not decided above numerous years in advance of are now currently being settled incredibly quickly,” stated one supply near to organization selection-building.

Sources common with the issue have explained to Reuters a new application platform, 2., which would allow so-referred to as Degree 4 autonomous driving and was thanks to be implemented throughout the fleet from 2026, will be pushed again to the finish of the 10 years. One of them supply predicted a 2028 start out was possible.

The excess time will permit for the 2. system to be perfected. The 1.2 system for top quality electric versions like the e-Macan and Audi Q6 e-tron will be carried out from future calendar year, with the 1.1 system at the moment in use in a broader variety of the group’s cars receiving updates in the interim.

The fees of the hold off ended up not yet very clear, the resources explained.

Handelsblatt, which 1st noted the December 15 board meeting, has explained preserving software competitive to the stop of the decade less than Blume‘s new ideas would charge 1 billion euros ($1.1 billion).

Volkswagen declined to comment.

Blume, who has been CEO of the Porsche model since 2015 and retains that job as team CEO, is also reviewing Diess‘ prepare for a new 2 billion euro plant to make the VW’s brand’s Trinity electrical product, a resource advised Reuters past month.


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