Tag: Herbert Diess

While the German automotive leader Volkswagen Group has appointed a new CEO last week, rumors catering to the sale of its motorcycle owned brand Ducati are all buzzing around in the automobile market. The Volkswagen Group which is a part of Porsche Automobil Holding SE has appointed Herbert Diess as its new CEO replacing Mathias Muller. Diess who has worked with BMW before addressed the press conference while discussing the new management structure with executives managing multiple platforms at the same time. Last year too there were rumors floating about Volkswagen selling its multiple brands, including Ducati, in order to raise capital that could cover company's Dieselgate liabilities. But, it suffered huge resistance from trade unions including Volkswagen Labour unions who were ag...