HAMBURG -- Volkswagen pledged to continue talks among its key stakeholders on Wednesday following a meeting of the company's supervisory board, as the world's largest automaker seeks ways to defuse a leadership crisis.
The meeting of the board of directors was convened after CEO Herbert Diess demanded a contract extension and more backing for his reform efforts, some of which had been opposed by the company's powerful labor chiefs.
"Talks between the participants continue in a constructive manner," the supervisory board spokesman said in a statement.
"Decisions were not made in today's meeting, as expected."
Diess has sought to shift VW from being the world's biggest maker of combustion engined vehicles into a company capable of mass producing electric and increasingly autonomous cars.
The pace and depth of his reforms, including efforts to lower costs in Germany and to transform Volkswagen into a tech company, has led to clashes with labor…