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7/9, 8:41 PM (Source: TeleTrader)
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268.60
Chart for: VOLKSWAGEN AG ST O.N.

VW executive Diess extends contract until 2025

Volkswagen Group announced on Friday that its Board of Management Chairman Herbert Diess (pictured) signed a contract extension to remain in the role at least until October 2025.

In addition, the carmaker revealed that the board of management presented its strategic plan until 2030 to the supervisory board earlier in the day.

The strategy is "aimed at maintaining the Group's role as a global leader in an automotive industry shaped by e-mobility and software," Volkswagen said in a statement, adding that it will share the plan with the public on July 13.

Breaking the News / MS