Categories: Europe

VW supervisory board brings ahead management disaster assembly, report says

HAMBURG — Volkswagen Group’s supervisory board has introduced ahead its deliberate assembly and can now talk about tensions between the German automaker’s labor leaders and its CEO on Monday night, two individuals aware of the matter advised Reuters.

CEO Herbert Diess has demanded a contract extension and extra help for his reform efforts from VW’s stakeholders, however he has met resistance from highly effective employee representatives.

Supervisory board Chairman Hans Dieter Poetsch, in search of to discover a resolution, held talks with foremost stakeholders over the weekend, one supply mentioned.

VW had no quick remark.

The supervisory board had deliberate to fulfill on Thursday.

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