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OLIVER BLUME
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 ...
- Volkswagen says to cut 50,000 jobs as profit slidesGerman auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...
- 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...
- Volkswagen is ok on chip supply for now, CEO tells Bild am SonntagVolkswagen Group has secured enough chips for now. CEO Oliver Blume highlights the fragile chip supply chain. A Chinese export ban on Nexpe...
- 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...
- Porsche CEO Oliver Blume sees 'tough and long' road ahead in major product overhaulPorsche AG anticipates prolonged margin pressures due to a shift in its product strategy, prioritizing combustion engine models in response...
- 'Party's over' in China: European carmakers face tariffs, price warThe European automotive industry faces a challenging period as evidenced by the Munich car show. Declining profits in China, tepid European...
- Volkswagen CEO: Tariffs have cost group billions so farVolkswagen's CEO, Oliver Blume, revealed that U.S. tariffs have cost the company billions of euros this year, significantly impacting brand...
- 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...
- Volkswagen boss says European market shrinking amid tougher competitionVolkswagen's CEO Oliver Blume has announced the need for significant cutbacks in Germany due to a shrinking European market and rising comp...
- 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...
- 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 Ousts CEO Herbert DiessPorsche boss Oliver Blume will succeed Diess within weeks, ending a four-year tenure in which his hard-nosed leadership style caused consta...
- Volkswagen CEO will step down by September 1Oliver Blume, who is now CEO of Porsche, will succeed Diess. Volkswagen also said the company's chief financial officer, Arno Antlitz, will...
- 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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