Speaking in an interview in Sunday paper Bild am Sonntag, Volkswagen CEO Oliver Blume said "the pie has become smaller, and we have more guests at the table". "Fewer cars are being sold in Europe.
Blume is currently the CEO of both Porsche and Volkswagen, but Volkswagen investors feel that he can’t focus on both.
A global slump in sales is prompting automakers to rethink the rush to EVs.
Calls mount for Volkswagen chief to focus on restructuring as management tries to close German factories and cut jobs ...
VW Group CEO Oliver Blume said the automaker's costs in Germany are too high compared to international competition, setting ...
The aim of the contract negotiations between the Volkswagen board, works council and the IG Metall union is directly the ...