Volkswagen CEO says carmaker faces same fate as Nokia without urgent reforms

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VW CEO says carmaker faces same fate as Nokia without urgent reforms

“The big questions is: are we fast enough?,” Diess told VW’s senior managers following a global board meeting on Thursday. “If we continue at our current speed, it is going to be very tough.”

The car was is longer a mode of transport and carmakers are no longer only manufacturers of vehicles, he said.Reporting by Edward Taylor; editing by Thomas Seythal

 

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Bcoz people start watching their hands and it’s harder to fraud?

So other words cut Transportation and the little man

Oπnion:- I disagree with Herbert' big query. From my humble view it's actually not 'Are we fast enough?' Instead somebody may ask slightly more precise 'Are we faster and better positioned compared to our peers?'

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