{"id":36576,"date":"2023-05-06T10:57:50","date_gmt":"2023-05-06T10:57:50","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/vw-to-fire-top\/"},"modified":"2023-05-06T10:59:38","modified_gmt":"2023-05-06T10:59:38","slug":"vw-to-fire-top","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/vw-to-fire-top\/","title":{"rendered":"VW to fire top executives at software unit Cariad, source says"},"content":{"rendered":"

By Jan Schwartz<\/p>\n

FRANKFURT (Reuters) – Carmaker Volkswagen is set to dismiss all but one of the executive board members at its software division Cariad next week to try to resolve development problems, a person familiar with the matter told Reuters on Saturday.<\/p>\n

The unit – set up under former VW group CEO Herbert Diess -has exceeded its budget and failed to meet goals, contributing to Diess’ departure and replacement by Oliver Blume last September.<\/p>\n

Cariad’s supervisory board is expected to sign off on the dismissals in a meeting next week, the source said on Saturday, adding that only the unit’s head of personnel, Rainer Zugeh\u00f6r, might stay on. <\/p>\n

A VW spokesperson said the German company was analysing Cariad and its projects.<\/p>\n

A number of decisions have been made, but no decisions on personnel, the spokesperson said, adding that Cariad and vehicle software development remained integral to Volkswagen’s group strategy.<\/p>\n

The problems at Cariad have delayed work on important new vehicle models Porsche e-Macan and Audi Q6 e-tron. <\/p>\n

The planned launch of company-wide structural car software, initially designed to enable the fourth of five levels of autonomous driving from 2026, has been postponed by two years.<\/p>\n

Business Insider first reported the planned dismissals.<\/p>\n

\n

(Reporting by Jan Schwartz in Hamburg; Writing by Ludwig Burger in Frankfurt; Editing by Hans Seidenstuecker and Barbara Lewis)<\/p>\n

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