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OLIVER BLUME
The road ahead for Volkswagen's restructuring: ExplainedVolkswagen is set to meet regarding restructuring plans and job cuts to address financial losses. The company aims to strengthen its positi...- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- Volkswagen to fire 12% of its India workforce amid major cost overhaulVolkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve perc...
- Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...
- Pernod Ricard blames weak US, Chinese markets for 26% profit fallPernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annu...
- 50,000 Volkswagen jobs could be at risk — and thousands of angry workers are pushing back against the CEO's planVolkswagen employees express significant concerns over proposed job reductions and factory shutdowns as CEO Oliver Blume unveils restructur...
- Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...
- Volkswagen chief warns company's situation 'more than critical'Volkswagen's CEO warns of a critical state and major upheaval in the auto industry. The company faces significant challenges from global he...
- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
- Volkswagen plans US reboot with pickup, new leadership: ReportVolkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offerin...
- JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
- Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
- Volkswagen workers to grill CEO on overhaul threatening 140,000 jobs, works council saysVolkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten u...
- Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gapVolkswagen's CEO revealed plans for up to 50,000 additional job cuts. This move aims to match rival automakers' competitiveness and reduce ...
- Volkswagen CEO looks to avoid plant closures as automaker moves to cut costsVolkswagen's CEO is pursuing cost cuts to improve automaker performance. He aims to avoid closing German plants while streamlining the mode...
- What are the key issues in Volkswagen's restructuring efforts?Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...
- Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
- Volkswagen undecided on when to end CEO Oliver Blume dual roleVolkswagen CEO Oliver Blume addressed concerns about his dual role leading both Volkswagen and Porsche. Blume stated that no decision has b...
- Porsche in talks with Google about integrating software: CEO Oliver BlumeTalks about Google Automotive Services are underway, Blume said, adding the carmaker was also in talks with technology firms in China about...
- Volkswagen to speed up electric vehicle transition, says new CEO Oliver BlumeAt a gathering of global top managers in Lisbon, new Chief Executive Oliver Blume said he had developed a ten-point plan focusing on topics...
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