The Washington Post

Volkswagen

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will elevate Porsche chief Oliver Blume to replace Herbert Diess, who will leave his position leading the world’s second-largest automaker in an abrupt shake-up after frequent clashes with labor unions. Diess and VW’S supervisor­y board mutually agreed he will vacate his post Sept. 1, the company said Friday. The sudden departure marks the culminatio­n of recurring battles with powerful German works councils and other key stakeholde­rs over Diess’s efforts to push through a strategic overhaul and cut costs.

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