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VW to give workers a management seat to try to unlock reforms, say sources

The supervisory board would seek to bring works council executive Gunnar Kilian onto the company's management board to try to secure backing for Diess and his plans, said sources


Reuters  |  Berlin/Hamburg 

Volkswagen will give workers a management board seat to try to secure agreement for a far-reaching reform of the company under a new chief executive, sources familiar with the matter said on Wednesday. Europe's biggest automaker has, particularly since its 2015 emissions scandal, been looking to become more focused and efficient by, for example, spinning off its trucks business, creating a premium cars unit or selling motorbike brand Ducati. But CEO Matthias Mueller's attempts at reform have often been thwarted by turf wars among the German company's powerful ...

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First Published: Wed, April 11 2018. 23:32 IST