Volkswagen supervisory board demands more ambitious software roadmap – sources

div classBodysc17zpet90 cdBBJodivpHAMBURG Reuters – Volkswagen‘s supervisory board has called on management to present a reworked plan for the carmaker’s software division, which forms the backbone of its strategy but has run into problems, two people familiar with the matter said.p

pThe board is expecting an update at the last supervisory board meeting before the summer break, one of the people said, adding no date has been set yet.pdivdivdiv classBodysc17zpet90 cdBBJodiv

p“What the board has presented is not enough,” said the other person.p

pVolkswagen declined to comment.p

pVolkswagen has called its software division, which is the central element in its autonomous driving push, “the most ambitious project of our entire industry to tap into the most relevant profit pools of the future”.p

pCariad plans to challenge existing software incumbents, including Apple and Tesla, but has hit bumps in the road, which could become a problem for VW boss Herbert Diess, who is responsible for the unit on the groups management board.p

pSpiegel first reported the news, not citing where it obtained the information, adding that the problems at Cariad, which have caused delays to product launches at Europes top carmaker, had been discussed at a supervisory board meeting on May 11.p

pSoftware has been a sore spot for Europes largest carmaker ever since the use of illegal defeat devices resulted in the “dieselgate” scandal at Volkswagen in 2015, the largest such case to date.p

p

pp Reporting by Jan Schwartz Writing by Christoph Steitz Editing by Louise Heavensp

divdivdiv classBodysc17zpet90 cdBBJodivdivdiv