Categories: Business

“Shaping change together”: VW CEO wants to goals, commitment to the industry, to strict Climate

“Shaping change together”
VW CEO wants to goals, commitment to the industry, to strict Climate

VW chief Executive, Herbert Diess: “The stricter CO2 limits will inevitably lead to an end of the internal combustion engine.” Photo: Sebastian Willnow/dpa-Central picture/dpa

© dpa-infocom GmbH

The transport sector is crucial for the reduction of CO2 emissions, and recognises the VW Board of management, chief Diess. And calls on the industry to insist on the Status Quo. Also, a higher CO2-price, the group arm calls.

The VW group calls for a clear commitment of the automotive industry to the more stringent climate targets in the European Union.

“It is better we make the change now, as a development of chase,” said chief Executive Herbert Diess to the service “daily mirror Background transport & Smart Mobility”. “We stand by the EU fleet targets and the Green Deal”.

The transport sector is crucial for the reduction of CO2 emissions. “We can’t maintain the Status Quo,” said VW’s Chairman of the Board. Many industry associations defended the Status, because they represented interests. “As Managers, we need to examine, however, what happens in the environment in the next 20 or 30 years.”

According to a report of the “mirror” to some of the manufacturers and suppliers at an Executive Board meeting of the German Association of the automotive industry (VDA) this week on a Position. It is apparent that the groups accept the new requirements, basically, writes the paper. VDA and other manufacturers did not want to comment on the report.

A fixed exit date for the internal combustion engine considers This to be unnecessary: “The stricter CO2 limits will inevitably lead to an end of the internal combustion engine.” Gasoline and Diesel would be more expensive, electric cars cheaper. “At the latest 2026 E-car is the better concept – ecologically and economically,” said Diess.

Diess pleaded again for the abolition of the diesel privilege in the case of the Vehicle tax and a higher CO2 price of around 100 Euro. He admitted that the VW group will not create the CO2 limits for 2020 probably. “It will be very close,” he said. “We have our sales targets for electric vehicles achieved so far in the extent that we had made.”

dpa
Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

Former Marine Engineer Turned Supply Chain Executive Releases “From Engines to Algorithms,” Charting a New Framework for Operational Constraints

Los Angeles, California, 22nd July 2026 — Niraj Jha, Senior Director of Logistics at Niagara…

4 days ago

Inveslo Appoints Benjamin Ajimoko as Country Manager for Nigeria

Lagos, Nigeria, July 21, 2026, ZEX PR WIRE — Inveslo is pleased to announce the…

6 days ago

Allbridge Core Exploit: $1.65M Drained, Bridge Paused

Allbridge paused its Core cross-chain stablecoin bridge on July 19 after an attacker pulled roughly…

6 days ago

Where GCC’s Most Consequential Business Decisions Get Made

AJMS Group and Marmin AI launch the CXO Boardroom Series in Dubai, a curated executive…

1 week ago

GivTrade’s UAE CMA Category 5 Licence Brings Greater Transparency and a More Verified, User-Friendly Trading Experience

Broker confirms UAE and Mauritius licences cover distinct parts of its business, while independent reviews…

2 weeks ago

Caladan Extends Aggregated Digital Asset Liquidity to zerohash’s Ecosystem

Integration expands the diversity of liquidity available to banks, brokerages, and fintechs powered by zerohash…

2 weeks ago