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VW CEO to present software 'reality check' to board on Dec 15, report says

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HAMBURG – Volkswagen Group CEO Oliver Blume will outline a new software and vehicle platform strategy to the automaker's supervisory board on Dec. 15 as he tries to turn his predecessor's vision into deliverable goals, three company sources told Reuters.


Blume, who took the helm in September, has been developing the plans with the group's brands.


Predecessor Herbert Diess was lauded as a visionary for committing the automaker to an electric future after its image was damaged by an emissions cheating scandal. But Diess was also criticized for sometimes erratic leadership, and in particular for delays and cost overruns at software arm Cariad.


"First up is the software and the reality check in that area. Then you have to transfer the software to the products. Both have to fit together. Things that were not decided over multiple years before are now being settled very quickly," said one source close to company decision-making.


Sources familiar with the matter have told Reuters a new software platform, 2.0, which would enable so-called Level 4 autonomous driving and was due to be implemented across the fleet from 2026, will be pushed back to the end of the decade.


One of the sources predicted a 2028 start was likely.


The extra time will allow for the 2.0 platform to be perfected

Handelsblatt, which first reported the Dec. 15 board meeting, has said keeping software competitive to the end of the decade under Blume's new plans would cost 1 billion euros ($1.1 billion).


Blume, who has been CEO of the Porsche brand since 2015 and retains that role as group CEO, is also reviewing Diess' plan for a new 2-billion-euro plant to build the VW's brand's Trinity electric model, a source told Reuters last month.



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