Browsing: Oliver Blume

Porsche AG said on Friday it will delay parts of its electric vehicle rollout, citing weaker demand, trade pressures in…

Volkswagen will delay the start of production for its key electric models, the ID. Golf and ID. Roc, to 2030,…

Volkswagen has taken a multi-billion-euro hit from U.S. auto import tariffs this year, Chief Executive Oliver Blume said on Monday,…

Volkswagen on Sunday unveiled the ID.CROSS, a concept for a compact electric SUV aimed at bringing more affordable battery-powered vehicles…

Audi is accelerating development of a new compact electric sports car that will serve as the successor to the discontinued…

Volkswagen’s labour chief has stepped up pressure on CEO Oliver Blume to give up one of his two leadership roles,…

Porsche CEO Oliver Blume is preparing to step down from his role at the sports car maker to focus fully…

Porsche AG said on Monday it will restructure its high-performance battery subsidiary Cellforce, shelving plans to scale up production and…

Audi is weighing plans to build a manufacturing facility in the United States to offset the impact of rising tariffs…

European automakers are grappling with renewed pressure after a partial easing of U.S. tariffs under a deal struck between President…

Volkswagen slashed its 2025 sales and profit forecasts on Friday after reporting a €1.3 billion ($1.5 billion) first-half impact from…

Volkswagen is evaluating a potential capital increase for its autonomous mobility unit ADMT, which oversees the Group’s robotaxi initiative under…

Porsche is planning a new wave of cost-cutting measures to address weakening demand in China and rising trade tensions with…

Volkswagen Group said its long-delayed electric vehicle architecture known as SSP (Scalable Systems Platform) will now include support for combustion…

Porsche said  it has no intention of relocating any part of its vehicle production process to the United States, dismissing…

Volkswagen Group has completed the “architecture freeze” of its upcoming Scalable Systems Platform (SSP), a modular electric vehicle (EV) system…

Scout Motors, the U.S.-based electric vehicle brand owned by Volkswagen (VW), has appointed Oliver Wollinsky as its new Chief Production…

Volkswagen unveiled three new electric concept vehicles on the eve of Auto Shanghai as part of its push to expand…

Volkswagen Group will produce key components for its upcoming Scalable Systems Platform (SSP) at its Kassel-Baunatal component plant in central…

Porsche has named Jochen Breckner as Chief Financial Officer (CFO) and Matthias Becker as Chief Sales Officer (CSO), following the…