Browsing: Oliver Blume
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 Cuts Outlook After $1.5 Billion Tariff Hit, Sees Profit Recovery From 2026
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…