VW CEO says Apple can mount major challenge with auto push

Volkswagen CEO Herbert Diess — Diess: "The most valuable company in the world will be a mobility company. It could be Tesla, Apple or Volkswagen."

By:

Bloomberg

December 23, 2020 10:37 AM

Volkswagen Group CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the automaker than traditional rivals such as Toyota.

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