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Volkswagen CEO Herbert Diess said "ebit macht frei" at an internal company event, echoing the maxim "arbeit macht frei." He apologized for the remark.
Volkswagen CEO warns Trump’s trade war is crushing demand for autos — and it’s making the first quarter ‘difficult’
"This is a big concern for us, so the first quarter for sure will be a difficult quarter for Volkswagen," CEO Herbert Diess said at Davos.
Volkswagen’s CEO said it will make EVs that are as good as Tesla’s for half the price in 2020: Report
Volkswagen CEO Herbert Diess said last week that by 2020 the automaker will make electric vehicles that are as capable as Tesla's for half the price, Electrek reports. Volkswagen and Tesla did not immediately respond to Business Insider's requests for comment.