Volkswagen to renew push for peace between CEO and unions next week: Sources
Volkswagen's supervisory board will meet on Thursday next week in a renewed effort to soothe tensions between the German carmaker's labour leaders and its chief executive, two people familiar with the matter told Reuters.
CEO Herbert Diess has demanded a contract extension and more backing for his reform efforts from Volkswagen's stakeholders, but he has met resistance from powerful worker representatives.
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Diess has sought to lower costs in Germany to free up resources for a mass electrification push, in a bid to transform Volkswagen into a tech company.
Diess and Bernd Osterloh, Volkswagen's chief labour representative, have clashed over key issues including appointments to the management board and whether to extend Diess's contract beyond 2023.
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Now Volkswagen's supervisory board Chairman Hans Dieter Poetsch is seeking to find a solution before Christmas, one of the people familiar with the deliberations told Reuters.
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During a meeting on Wednesday, the company's stakeholders failed to reach consensus and pledged to continue discussions as they seek to solve the management stalemate.
