- Volkswagen AG VWAGY CEO Oliver Blume is expected to present a new software plan at a board meeting on December 15th.
- In plan, Reuters reported, Blume is likely to lay out his goals for making the automaker’s software competitive by the end of the decade.
- The vision of developing strong software is expected to cost Volkswagen around one billion euros ($1.05 billion)..
- The group board expected a new roadmap for the carmaker’s software division Cariad by the summer break in 2022, but it was there delayed as former CEO resigned.
- Price promotion: VWAGY shares are trading 0.87% lower at $19.29 on the last review Monday premarket.
- Photo via company
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