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Cariad

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automotivetech2 years ago

VW's Software Struggles Lead to Layoffs and Launch Delays

Volkswagen's software unit, Cariad, is facing significant delays in the launch of its new software architecture due to a round of layoffs. The planned job cuts will push back the release of VW's software architecture 1.2 by 16 to 18 months, impacting models such as the Porsche Macan EV and the Audi Q6 E-Tron. The layoffs also mean that Cariad will have to redevelop its 2.0 version from scratch. VW has struggled to compete with Tesla and other automakers in terms of software-defined vehicles, which offer additional revenue streams. Cariad's restructuring plan still requires approval from VW's works council.

via TechCrunch|
#automotivetech#cariad#delays
automotive-technology2 years ago

Bentley Production Chief Takes Over Troubled VW Software Division

Volkswagen has replaced the CEO, CFO, and CTO of its software unit, Cariad, with Peter Bosch, who was previously responsible for manufacturing at VW's Bentley brand. The move comes as the automaker struggles to launch software in its vehicles and is at least two years behind schedule. Cariad was formed in 2020 to develop software-defined vehicles that compete with Tesla and generate revenue through in-car entertainment and services. The leadership shakeup is part of a restructuring effort to advance strategic, structural, and personnel development. VW is also adding two software experts to the board.

via TechCrunch|
#automotive-technology#cariad#leadership
business2 years ago

Volkswagen's software division undergoes leadership shakeup.

Volkswagen has appointed Bentley production chief Peter Bosch to lead its software subsidiary Cariad, dismissing all but one of the unit's current executive board members as the automaker tries to get the troubled division on track. Bosch, a former Oliver Wyman consultant who spent nearly seven years at the Volkswagen brand before moving to Bentley in 2017, will also take over financial management at Cariad. The sweeping changes come as Volkswagen CEO Oliver Blume conducts a strategic review of every facet of the carmaker after taking over from former leader Herbert Diess last September, who set up Cariad but failed to put it on solid footing.

via Reuters|
#business#cariad#leadership
business2 years ago

Volkswagen's Cariad software division undergoes major leadership shakeup.

Volkswagen Group is set to replace the current boss of its software division, Cariad, with Bentley's Peter Bosch. Cariad was created in 2019 to consolidate software development for VW's 10 different brands under one roof, but has faced delays and difficulties resulting in the firing of former VW CEO Herbert Diess in 2022. Bosch will replace Dirk Hilgenberg, and almost the entire current Cariad leadership team will be let go, except for the head of human resources.

via Ars Technica|
#bentley#business#cariad
business2 years ago

VW Shakes Up Leadership Amid Software Development Woes

Volkswagen Group CEO Oliver Blume is set to fire the top three executives at the group’s Cariad software development division after it exceeded its budget and failed to meet goals. Peter Bosch will replace Dirk Hiligenberg as CEO of Cariad in June, while two other members of the division’s top management will also be replaced. Additionally, Porsche’s software chief Sajjad Khan will join the board of Cariad. The new CEO will restructure Cariad and expand the group’s partnership with Intel’s Mobileye for developing automated driving systems. No decisions have been made regarding personnel, with the vehicle software development division remaining integral to VW Group’s strategy.

via InsideEVs |
#automated-driving-systems#business#cariad
automotive-technology2 years ago

Volkswagen's Software Division: Current Status Update.

In 2019, Volkswagen set up a new division, CARIAD, to create a new unified automotive operating system for future VW Group EVs. The division had to work on three different systems simultaneously, and it hasn't gone smoothly. However, CARIAD's CEO, Dirk Hilgenberg, believes that the idea is still right, and they are in the final stretch of developing E3 1.2, which is destined for more upmarket EVs from Audi and Porsche, using the upcoming PPE platform. The unified OS, called E3 2.0, would show up mid-decade in a new, unified platform across the entire VW Group.

via Ars Technica|
#automotive-operating-system#automotive-technology#cariad