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OLIVER BLUME VOLKSWAGEN
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...
- Volkswagen rescue plan 'short on specifics' after tense stakeholder talksVolkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...
- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- 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 Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- 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 to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
- Volkswagen labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...
- Toyota expects $4.3 billion hit from Iran war falloutToyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this ...
- VW Group to spend $186 billion by 2030, focus on Germany, EuropeVolkswagen Group, including Porsche and Audi, will invest 160 billion euros over the next five years. The focus is on Germany and Europe, c...
- Porsche CEO Blume to hand over reins next year, Bild reportsIn a significant shakeup, Porsche will appoint a new CEO next year, dissolving Oliver Blume's dual leadership role. The shift comes amid in...
- 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...
- Looking at India as potential market for small e-cars, GST cut makes it attractive: VW Group CEOVolkswagen is considering introducing its affordable small electric cars to the Indian market, leveraging partnerships to optimize their in...
- VW cost cutting necessary after 'decades of structural problems', CEO tells paperVolkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...
- Porsche listing sees huge interest, only some investors question dual role - BlumeAttracting interest from a broad range of investors was important, Blume said, declining to comment on what proportion of Porsche shares Vo...
- Porsche IPO only off the table if severe geopolitical problems arise, CFO saysVolkswagen triggered a listing of sportscar brand Porsche late on Monday after months of deliberation, but cautioned the move was still sub...
- 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...
- Volkswagen's Herbert Diess to step down as CEO, Oliver Blume to succeedHerbert Diess's departure comes as the company is pushing to beat Tesla at becoming the world's top electric vehicle maker, catch up on sof...
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