Bosch CEO rejects Volkswagen's suggestion to cut diesel tax incentives
Handelsblatt
Bosch, the world鈥檚 largest auto parts supplier, has rejected a suggestion by Volkswagen CEO Matthias M眉ller that diesel tax incentives could be cut to subsidise green mobility. Bosch CEO Volkmar Denner told the business daily Handelsblatt that this would 鈥渁ccelerate a development that would be difficult for large parts of the automotive industry to cope with鈥�. He added: 鈥淭he transition to electromobility takes time and investment. We will certainly need 10 years to manage the transformation process鈥�. Bosch employs 50,000 people in diesel technology, according to the article.
Read the interview in English .
Find plenty of background in the dossier The Energiewende and German carmakers.
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