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Oliver Blume

  • Monday, 9 September, 2024
    News in-depthVolkswagen AG
    VW’s $5bn Rivian tie-up prompts dismay at software division

    Top executives at Cariad sidelined in a deal that has upended German carmaker’s tech strategy

    A Volkswagen ID.4 electric vehicle is plugged into a Rivian charging station at a parking lot.
  • Thursday, 5 September, 2024
    News in-depthVolkswagen AG
    Why VW is seeking to break the taboo of closing German plants

    Europe’s largest automaker has sparked fury over a cost-cutting plan to adjust to weak demand for EVs

    New Volkswagen ID.4 electric vehicles in various colors are parked inside a multi-level delivery tower at Volkswagen's headquarters and auto plant complex in Wolfsburg, Germany
  • Friday, 28 June, 2024
    Oliver Blume, VW and Porsche boss steering an EV strategy shift

    Investment of up to $5bn in US start-up Rivian an effort to reboot software ambitions and North American presence

    Oliver Blume
  • Wednesday, 13 March, 2024
    Volkswagen AG
    VW considers partnership to produce mass market electric vehicles

    German carmaker looks at sharing costs to counter wave of cheaper rivals produced in China

    An employee fits doors on an assembly line for a Volkswagen car
  • Wednesday, 29 March, 2023
    Volkswagen AG
    VW plans 25% pay increase for executive board members

    Move comes amid wider concerns over chief Oliver Blume’s role as boss of both VW and Porsche

    Oliver Blume sitting in the driver’s seat of a VW car
  • Tuesday, 14 March, 2023
    Automobiles
    VW ramps up investments in electric car transition with €180bn injection

    Money will be used over next five years to produce batteries and fund expansion in US and China

    VW chief executive Oliver Blume
  • Friday, 16 December, 2022
    Volkswagen AG
    Blume criticised by investors for dual VW and Porsche CEO role

    Volkswagen’s new chief says at public meeting with investors that he intends to keep both jobs ‘long-term’

  • Saturday, 1 October, 2022
    Porsche AG
    Oliver Blume, team-building car fan at the wheel of Porsche

    German executive faces tough task leading newly listed sports car brand as well as its Volkswagen parent

    Porsche CEO Oliver Blume kneels next to a line of the company’s sports cars
  • Tuesday, 6 September, 2022
    Porsche AG
    VW defends timing and structure of Porsche IPO

    Carmaker seeks to reassure investors after concerns about governance and thin size of float

    Porsche cars on display at an exhibition in Shanghai, China
  • Monday, 5 September, 2022
    Porsche AG
    VW confirms plan to list Porsche sports car brand

    Target set for end of the month or beginning of October but timing and structure are causing investor concern

    Porsche’s electric Taycan model
  • Saturday, 23 July, 2022
    Volkswagen AG
    ‘Ruffling feathers’: How VW fell out of love with Herbert Diess

    World’s second-largest carmaker sacked chief executive on Friday after bruising four-year tenure

    Herbert Diess and a Volkswagen car
  • Friday, 22 July, 2022
    Volkswagen AG
    Herbert Diess ousted as Volkswagen boss

    CEO forced out after supervisory board vote will be replaced by Porsche chief Oliver Blume

    Herbert Diess
  • Thursday, 27 August, 2020
    Porsche AG
    Porsche presses on with electric vehicle launches as it battles Tesla

    Chief executive undeterred by fall in sales caused by coronavirus crisis

  • Tuesday, 3 March, 2020
    Porsche AG
    Porsche chief warns battery costs will hit carmaker profits

    Blume says industry faces supply constraints because of production ‘bottleneck’

    BRUSSELS, BELGIUM - JANUARY 09: Porsche Taycan Turbo all-electric luxury performance car on display at Brussels Expo on JANUARY 09, 2020 in Brussels, Belgium. The Taycan is fitted with a battery-electric drivetrain of permanent-magnet synchronous motors on the axles, making the car all-wheel drive. Although the car is called Taycan Turbo, it is not fitted with a Turbo. (Photo by Sjoerd van der Wal/Getty Images)
  • Wednesday, 4 September, 2019
    Porsche AG
    Porsche unveils $150,000 all-electric sports car to challenge Tesla

    The Taycan to spearhead luxury end of €50bn electric push by parent Volkswagen

    Porsche expects production of the Taycan will be ‘CO2 neutral’
  • Sunday, 24 September, 2017
    InterviewThe Monday Interview
    Oliver Blume: the Porsche CEO on the electric car revolution

    Can the sports car maker compete with Tesla as it moves into its territory?

    Picture taken on October 21, 2015, shows Oliver Blume, CEO of German sports car maker Porsche reflected in a mirror of a Porsche car in Stuttgart, southern Germany. AFP PHOTO / DPA / BERND WEISSBROD +++ GERMANY OUT (Photo credit should read BERND WEISSBROD/AFP/Getty Images)
  • Monday, 3 July, 2017
    Sport
    Porsche develops autonomous racing car software

    Technology enables people to experience hands-free Formula One drive on the track

    Red Bull Formula One driver Webber drives during qualifying session for German F1 Grand Prix at Nuerburgring...Red Bull Formula One driver Mark Webber of Australia drives during the qualifying session for the German F1 Grand Prix at the Nuerburgring circuit, July 6, 2013. REUTERS/Wolfgang Rattay (GERMANY - Tags: SPORT MOTORSPORT F1)
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