Volkswagen: Diess should advise VW after stepping down as CEO

According to group circles, Volkswagen boss Herbert Diess will continue to work for the company after his departure. The 63-year-old will initially remain as a regular consultant until the end of the contract in autumn 2025 and will continue to be paid, the German Press Agency learned. VW announced on Friday that the manager would hand over to Porsche boss Oliver Blume on September 1st.