Volkswagen Chief Executive Oliver Blume (OTCPK:VLKAF)(OTC:VLKPF)(OTCPK:VWAGY)(OTCPK:VWAPY) said the auto giant’s cost-cutting ...
Volkswagen Chief Executive (CEO) Herbert Diess will promote Porsche CEO Oliver Blume to become head of the VW brand as part of a broader management reshuffle, Auto Motor und Sport said on Tuesday ...
For the first time ever, Volkswagen plans to shut the doors to a facility on its home turf. The company plans to close not ...
Volkswagen AG plans to close at least three factories in Germany as Europe’s biggest automaker tries to slash expenses to ...
Chief Executive Officer Oliver Blume has pointed to high costs at the VW brand, but employee representatives counter that ...
Show full PR text Supervisory Board of Porsche AG appoints Detlev von Platen Head of Sales and Marketing Oliver Blume is new Chairman of the Executive Board Stuttgart. At its meeting today ...
Volkswagen, the largest employer in Germany, is facing increased competition from China and weakening demand.
The unit - set up under former VW group CEO Herbert Diess -has exceeded its budget and failed to meet goals, contributing to Diess' departure and replacement by Oliver Blume last September.
Volkswagen is planning to implement significant cost reductions methods to enhance competitiveness and maintain sustainability.