Volkswagen has announced the overhaul of the management of its subsidiary Cariad, responsible for coding the software for future electric and autonomous models, which has been accumulating difficulties since its start.
Since its start, Cariad, the Volkswagen subsidiary responsible for coding the software for future electric and autonomous models, has been accumulating difficulties. The German car giant Volkswagen has therefore decided to overhaul its management.
At the beginning of June, Peter Bosch, current head of production for the luxury limousine brand Bentley, a subsidiary of Volkswagen, will take over the management of Cariad, replacing Dirk Hilgenberg. Two former executives of the luxury car manufacturer Porsche, also owned by Volkswagen, also join the Cariad management board.
The boss of the German manufacturer, Oliver Blume, has put the recovery of the software subsidiary at the heart of his priorities:
“When I took office in September 2022, I stressed that Cariad is a key success factor” for Volkswagen, at the heart of the electric and connected revolution initiated by the automotive industry, he recalled in a press release. Monday.
An internal “transformation board”
Cariad’s problems are linked to internal disagreements and work overload, which have led to delays in the development of software platforms, and consequently for the launches of electric models at Porsche and Audi, also impacting the model family. electric ID of the VW brand.
Volkswagen’s main competitors in electrics, the American Tesla and the Chinese BYD, were able to advance their pawns at the same time. In addition to a change of management, Cariad will have an internal “transformation council” with the task of leading the “transformation and the development of the cooperation between Cariad and the brands of the Volkswagen group”, explains Michael Steiner, member of the supervisory board of Cariad, quoted in the press release.
The setbacks of Cariad, an entity directly supervised by the former boss of Volkswagen Herbert Diess, were one of the major reasons for the latter’s hasty departure last summer. Volkswagen, which meets its shareholders in a general meeting on Wednesday, gained 0.30% on the Frankfurt Stock Exchange on Monday.
