HAMBURG — A call on the way forward for Volkswagen Group CEO Herbert Diess, beforehand anticipated by the top of the week, may very well be delayed additional, three sources near negotiations advised Reuters on Friday, and discussions might drag into subsequent week.

Whether or not a call can be made forward of an annual supervisory board assembly on Thursday on the automaker’s five-year funding plan, as initially meant, was more and more unclear, the sources mentioned.

Nonetheless, it’s unlikely that the assembly can be delayed, a supply with information of the matter advised Reuters.

Diess struck an upbeat tone at a supervisor’s assembly final week, stating that negotiations with unions have been going effectively. “My temper is superb, as a result of we’ve made numerous progress,” he mentioned, based on a replica of his speech seen by Reuters.

VW, in addition to Porsche Automobil Holding SE, VW’s majority shareholder, the regional authorities of Decrease Saxony, which holds 20 p.c of the corporate, and the works council declined to remark.

Feedback by Diess at a supervisory board assembly in October that 30,000 jobs may very well be misplaced if the transition to electrical automobiles was not managed effectively sparked anger amongst labor leaders, who criticized what they mentioned was an absence of strategic planning and poor communication.

The supervisory board’s chairman, Hans Dieter Poetsch, has convened a mediation committee on a number of events to allay fears over Diess’ feedback, however no answer has been reached.

Negotiations are anticipated to end in a compromise together with each a call on the way forward for the CEO and particulars on future investments and job prospects for workers, sources have mentioned.