News

CEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the ...
The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S.
Volkswagen CEO Oliver Blume clashed with his workers in a heated meeting as the embattled boss continued his painful struggle to roll out pay cuts and close factories in Germany. The head of ...
Volkswagen AG will elevate Porsche chief Oliver Blume to replace Herbert Diess, who will leave his position leading the world’s second-largest automaker in a surprise shake-up. Diess will vacate ...
Facing its biggest crisis in decades, the export-reliant carmaker already plans to eliminate more than a tenth of its nearly ...
Business Volkswagen shifts gears with Oliver Blume taking wheel. Volkswagen hands over the reins to new CEO Oliver Blume, tasked with steering the German automotive giant through challenging economy.
Oliver Blume, VW Group's incoming CEO, will be left with the unfinished business of reviving VW’s relevance in the U.S. His predecessor set a target to double market share in the country and ...
BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...
Porsche CEO Oliver Blume will take over the role VW Group CEO from Dr. Herbert Diess on September 1, after the latter's ouster was announced last week. Blume has been with the VW Group since 1994 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two decades ago Oliver Blume did a PhD in Shanghai under the supervision of Wan Gang, who as China’s ...
Oliver Blume tries to avoid queues, riding a bicycle to Porsche’s offices rather than brave the Stuttgart traffic in one of his company’s sports cars. But this week the chief executive did ...