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Volkswagen CEO Oliver Blume: "Electric cars are now technically superior": Sales of electric cars are currently slow in Germany. Nevertheless ...
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Volkswagen CEO Oliver Blume:
Quick Glance: VW: Union Leader Halts Plans for Budget E-Car
  • VW and Renault face setbacks in their budget E-car project due to concerns raised by union leader Daniella Cavallo.

  • The collaboration aims for an E-car priced under 20,000 euros, manufactured in Renault factories.

  • Disagreements arise over the production site, with the union proposing alternative locations.

  • Various scenarios are being considered before a final decision is made.
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Volkswagen insists on e-fuels as a supplement to electric cars: Group CEO Oliver Blume expects the price of synthetic fuel to fall quickly and the business to ...
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Volkswagen insists on e-fuels as a supplement to electric cars
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Sales figures for electric cars in Germany are falling, but Volkswagen plans to make all new cars electric by 2035. The VW boss is convinced of the advantages ... Show more   www.focus.de/finanzen/news/zeitlich-befristete-kaufpraemie-vorgeschlagen-ende-des-benziners-vw-untermauert-ueberlegenheit-von-elektroautos_id_259842744.html
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VW boss Oliver Blume sees electric cars as clearly ahead. #auto #eauto
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The VW boss is sticking to electromobility despite recent weak sales figures. A global company like Volkswagen must take responsibility for the future ... Show more   www.focus.de/auto/vw-boss-macht-klare-ansage-zur-zukunft-des-vw-golf-und-porsche-911_id_259842918.html
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Volkswagen- and Porsche boss Blume about electric cars, the VW Golf, football and the AfD
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Volkswagen- and Porsche boss Blume about electric cars, the VW Golf ...
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VfL Wolfsburg and Grizzlys: VW boss Blume believes in sporting success: Volkswagen boss Oliver Blume and Mayor Dennis Weilmann believe in the sporting potential ...
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VfL Wolfsburg and Grizzlys: VW boss Blume believes in sporting success
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New ranking: These DAX board members earn the most: It should come as no surprise that the bosses of Germany's largest companies have handsome salaries. Latest
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New ranking: These DAX board members earn the most
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Why VW boss Blume wants to stick to the combustion engine ban: The demand for electric cars is stalling - also at VW. Some manufacturers are slowing down their ...
capital.de/wirtschaft-politik/warum-vw-chef-blume-am-verbrennerverbot-festhalten-will-34541776.html
Why VW boss Blume wants to stick to the combustion engine ban
Quick Glance: Volkswagen: Challenges and Issues for VW
  • Volkswagen describes the 2023 balance sheet as robust, indicating room for improvement.

  • Profitability is increasing, yet remains below target. Cost-cutting measures are planned.

  • Weak demand for electric cars impacts profitability and poses challenges.

  • Expectations are set on new electric models, software division, and the Chinese market.
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"Standing by our strategy": Porsche remains fully committed to electric: Porsche confirms its electric strategy. A model offensive is to bring the sports car ...
faz.net/aktuell/wirtschaft/unternehmen/sportwagenhersteller-porsche-setzt-weiter-voll-auf-elektro-19581261.html
Quick Glance: Average Sales Price Of A New Porsche Around 117,000 Euros
  • During its annual press conference, Porsche revealed that the average price paid by customers for their vehicles last year was approximately 117,000 euros as deliveries reached 320,221 units.

  • Porsche provided insight into the consistent increase in the average transaction price, attributing it to the continual enhancement of standard features, which is reflected in the base pricing. Despite the upward trend in prices, sales continue to rise, marking 2023 as another record-breaking year.

  • Porsche experienced a positive growth trend in Europe (excluding Germany) in 2023, with shipments increasing by 12 percent. Additionally, the company saw a demand increase of 9.9 percent in its domestic market.

  • The Cayenne emerged as the top-selling model for Porsche with 87,553 units, closely followed by the smaller Macan with 87,355 crossovers. The iconic 911 secured the third position with 50,146 sports cars, while the electric Taycan claimed the fourth spot with 40,629 vehicles. The Panamera held the second-to-last position with 34,020 units, and the 718 Boxster/Cayman was last with 20,518 vehicles.
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VW has to save billions - Board members only want to forgo a minimal part of their salary
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VW has to save billions - Board members only want to forgo a minimal part ...
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Audi boss Döllner in conversation: “We plan more long-term than politicians”: America and Europe are fighting to end the combustion engine. Audi boss Gernot ...
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Audi boss Döllner in conversation: “We plan more long-term than ...
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CONFIRMED: Porsche 911 Hybrid Coming This Summer: Porsche confirms the arrival of the electrified 911 and hints at multiple variants.
carbuzz.com/news/confirmed-porsche-911-hybrid-coming-this-summer/
CONFIRMED: Porsche 911 Hybrid Coming This Summer
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Car company under pressure: How VW is fighting the market slump: In the midst of low demand, the group is bringing more than 30 new vehicles onto the market ...
faz.net/aktuell/wirtschaft/unternehmen/modelloffensive-soll-vw-aus-der-krise-bringen-19583946.html
Car company under pressure: How VW is fighting the market slump
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Ten percent more: Allianz boss Bäte makes a big jump in salary: The supervisory board gave Allianz boss Oliver Bäte a consistently positive report ...
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Ten percent more: Allianz boss Bäte makes a big jump in salary
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Model offensive eats into returns: Porsche expects poorer margins for 2024: Porsche is launching an "unprecedented product offensive" this year ...
n-tv.de/wirtschaft/Porsche-erwartet-fuer-2024-schlechtere-Margen-article24798662.html
Model offensive eats into returns: Porsche expects poorer margins for 2024
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VW and the AfD: the economy must take a stand: Volkswagen boss Oliver Blume demonstrates against right-wing extremism, which is unusual but very overdue
sueddeutsche.de/wirtschaft/volkswagen-afd-konzerne-standort-deutschland-rectsextreme-1.6375596
VW and the AfD: the economy must take a stand
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Car industry: Audi boss irritates VW management: With a confidant as CEO, VW boss Oliver Blume wanted to calm Audi down. But now the opposite is happening ...
handelsblatt.com/unternehmen/industrie/autoindustrie-audi-chef-irritiert-vw-fuehrung/100018342.html
Car industry: Audi boss irritates VW management
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Remuneration of top managers: Mercedes boss earned more than 12 million euros in 2023
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Remuneration of top managers: Mercedes boss earned more than 12 million ...
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Porsche ignites the turbo - how much potential is there left in the share?: Porsche expects a lower margin for 2024, but long-term goals remain high ...
deraktionaer.de/artikel/aktien/porsche-zuendet-den-turbo-wie-viel-potenzial-steckt-noch-in-der-aktie-20352787.html
Porsche ignites the turbo - how much potential is there left in the share?
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Porsche AG: Weak figures, shares fall to their knees: Porsche expects a lower margin of 15-17% for 2024 and sets cautious targets due to numerous model changes.
deraktionaer.de/artikel/aktien/porsche-ag-schwache-zahlen-aktie-geht-in-die-knie-20352676.html
Porsche AG: Weak figures, shares fall to their knees
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Tiguan lettering on the VfL jersey! 🐺 Our wolves will wear the Tiguan lettering on their chests from the next match day until the end of March ... Show more
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Good business: bonus for Porsche employees rises to almost 9,700 euros: At Porsche, employees can be particularly happy about good profits; they receive a ...
spiegel.de/wirtschaft/porsche-praemie-fuer-mitarbeiter-steigt-auf-fast-9700-euro-a-b9fb7326-2be3-406c-84c2-1622b9b23f34
Good business: bonus for Porsche employees rises to almost 9,700 euros
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VW: Is there an entry-level electric car coming for 20,000 euros?: Oliver Blume, CEO of Volkswagen AG, speaks at the Volkswagen Group's annual press conference.
braunschweiger-zeitung.de/wirtschaft/article241882210/VW-Kommt-ein-Einstiegsstromer-fuer-20-000-Euro.html
VW: Is there an entry-level electric car coming for 20,000 euros?
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Savings programs are taking effect: VW sees itself on the right track: Given the current reluctance to buy, 2024 will be a “challenging year ...
donaukurier.de/nachrichten/wirtschaft/vw-sieht-sich-auf-gutem-weg-und-will-staerker-mit-china-kooperieren-15645991
Savings programs are taking effect: VW sees itself on the right track
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Salaries on the VW board: Herbert Diess earns more than Blume: VW's 2023 annual report shows: CEO Oliver Blume earned less than his predecessor.
businessinsider.de/wirtschaft/gehaelter-im-vw-vorstand-herbert-diess-verdient-mehr-als-blume/
Salaries on the VW board: Herbert Diess earns more than Blume
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Porsche AG: The tension is rising: Porsche presents annual figures on March 12th; Metzler sees a price target of €104, Citi and Bernstein are more skeptical ...
deraktionaer.de/artikel/aktien/porsche-ag-die-spannung-steigt-20352511.html
Porsche AG: The tension is rising
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Volkswagen: Jefferies sees potential up to 150 euros: VW shares fall after 2024 outlook; Investments at a record high, sales target of up to €321 billion.
deraktionaer.de/artikel/aktien/volkswagen-jefferies-sieht-potenzial-bis-150-euro-20352001.html
Volkswagen: Jefferies sees potential up to 150 euros
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New Audi CEO with more power, Hoffmann changes: How Gernot Döllner is restructuring the Audi board
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New Audi CEO with more power, Hoffmann changes: How Gernot Döllner is ...
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Porsche To Decide On New Supercar In 2024: Porsche CEO Oliver Blume reveals a decision regarding whether the Mission X supercar concept will be put into ...
motor1.com/news/709453/porsche-decide-new-supercar-2024/
Porsche To Decide On New Supercar In 2024
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Porsche AG: Finally! The race to catch up has begun: Porsche has on the 25th
deraktionaer.de/artikel/aktien/porsche-ag-endlich-die-aufholjagd-hat-begonnen-20349542.html
Porsche AG: Finally! The race to catch up has begun
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Remuneration of top managers: Mercedes boss earned more than 12 million euros in 2023
faz.net/aktuell/wirtschaft/unternehmen/mercedes-chef-kaellenius-verdiente-2023-mehr-als-12-millionen-euro-19591668.html
Remuneration of top managers: Mercedes boss earned more than 12 million ...
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Inside VW: What awaits management in the group: Europe's largest car manufacturer is in crisis - Executives are now also feeling the need for comprehensive ...
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Inside VW: What awaits management in the group
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VW cancels inflation premium - Audi boss apparently wants fewer managers: Saving is the order of the day in the VW Group. Above all, the core brand VW and the ...
stimme.de/regional/wirtschaft/volkswagen-vw-inflationspraemie-audi-manager-art-4880622
VW cancels inflation premium - Audi boss apparently wants fewer managers
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Sacrificing returns: VW cancels salary increase for managers: Volkswagen puts the red pencil on: Executives receive less money than planned ...
n-tv.de/wirtschaft/VW-streicht-Gehaltserhoehung-fuer-Manager-article24661272.html
Sacrificing returns: VW cancels salary increase for managers
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Blume, Schäfer, Cavallo: VW celebrities position themselves against right-wing politics
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Blume, Schäfer, Cavallo: VW celebrities position themselves against ...
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Auto industry: VW cuts pay for management despite record profits: Despite record results, the car manufacturer received a pay increase for its managers ...
handelsblatt.com/unternehmen/industrie/autoindustrie-vw-kuerzt-entlohnung-fuer-management-trotz-rekordgewinn/100006695.html
Auto industry: VW cuts pay for management despite record profits
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CEO Oliver Blume announced that VW wants to launch a low-cost electric car on the market.
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VW crisis: cost reductions of over 10 billion euros at the Volkswagen brand: The Volkswagen Group's chronically low-margin VW brand is finally to be sustainably ...
nzz.ch/wirtschaft/manager-und-gewerkschaftsvertreter-einigen-sich-bei-volkswagen-auf-kostensenkungen-ueber-10-milliarden-euro-ld.1771308
VW crisis: cost reductions of over 10 billion euros at the Volkswagen ...
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F.A.S. Ranking: These are the managers of the year: Which managers were able to particularly shine this year? VW boss Oliver Blume received the most attention ...
faz.net/aktuell/wirtschaft/f-a-s-ranking-das-sind-die-manager-des-jahres-19403382.html
F.A.S. Ranking: These are the managers of the year
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CEO Oliver Blume announced that VW wants to bring a cost-effective electric car onto the market.
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“Next year will be the hardest,” says Porsche boss Oliver Blume to hundreds of his employees. The company would expect a “chain of risk scenarios” in 2024 ... Show more   #porsche   #auto
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CEO Oliver Blume announced that VW wants to launch a low-cost electric car on the market.
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Porsche boss prepares employees for crisis 2024: "We fight for every car": Porsche is rushing from one record year to the next and the numbers also rose sharply ...
focus.de/auto/elektroauto/news/porsche-chef-stimmt-mitarbeiter-auf-krise-2024-ein-wir-fighten-um-jedes-auto_id_259504327.html
Porsche boss prepares employees for crisis 2024:
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Auto crisis reaches Porsche: CEO Blume announces “the most difficult year”: Porsche CEO Blume has prepared employees for a difficult year at the works meeting - ...
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Auto crisis reaches Porsche: CEO Blume announces “the most difficult year”
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Wolfsburg vs Bayern - VW boss Blume comes to the game with VW employees: End of the year and first half highlight: VfL Wolfsburg plays against Bayern on ...
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Wolfsburg vs Bayern - VW boss Blume comes to the game with VW employees
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CEO Oliver Blume announced that VW wants to launch a low-cost electric car on the market.
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Volkswagen is considering cooperation with Renault for the 20,000 euro car: The team around CEO Blume is working hard on more affordable electric cars ...
handelsblatt.com/unternehmen/industrie/volkswagen-erwaegt-kooperation-mit-renault-fuers-20000-euro-auto/100002129.html
Volkswagen is considering cooperation with Renault for the 20,000 euro car
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Volkswagen on austerity course - Stock fails due to resistance: Volkswagen shares are falling as the company targets cost savings, including pay cuts for ...
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Volkswagen on austerity course - Stock fails due to resistance
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Leading industry in upheaval: the urgently needed overhaul for the automotive sector
faz.net/aktuell/wirtschaft/auto-verkehr/autobranche-ist-im-umbruch-die-kosten-muessen-sinken-19345590.html
Leading industry in upheaval: the urgently needed overhaul for the ...
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CEO Oliver Blume announced that VW wants to bring a cost-effective electric car onto the market.
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Savings program: This is how many billions of euros Volkswagen will save in 2024: Volkswagen is planning a savings program to become more efficient ...
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Savings program: This is how many billions of euros Volkswagen will save ...
Quick Glance: Volkswagen: Challenges and Efficiency
  • Oliver Blume warns of major challenges for the German industrial sector.

  • The German government faces a significant reduction in the Climate and Transformation Fund.

  • New EU regulations could tighten the German supply chain law.

  • VW CEO plans 10 billion euros in additional efficiency to cope with difficult times.
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Before the VfL Wolfsburg start into the new year: This is what the VW boss says: The winter break is over, VfL Wolfsburg starts the new Bundesliga football year ...
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Before the VfL Wolfsburg start into the new year: This is what the VW boss ...
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Hoarding days off is now impossible: VW deprives managers of extra holiday sausages
n-tv.de/wirtschaft/VW-entzieht-Managern-Urlaubs-Extrawurst-article24556953.html
Hoarding days off is now impossible: VW deprives managers of extra holiday ...
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Back in the office for four days: VW brings its managers back from the home office
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Back in the office for four days: VW brings its managers back from the ...
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Comment: The overall package at VW no longer fits: A switch with the inscription “Emergency Stop” can be seen at the train station in front of the Volkswagen ...
braunschweiger-zeitung.de/wirtschaft/article240612998/Kommentar-Das-Gesamtpaket-bei-VW-passt-nicht-mehr.html
Comment: The overall package at VW no longer fits
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Volkswagen: Cariad renovation should be completed before Christmas, according to VW boss Blume
handelsblatt.com/unternehmen/industrie/volkswagen-cariad-sanierung-soll-laut-vw-chef-blume-vor-weihnachten-stehen/29504074.html
Volkswagen: Cariad renovation should be completed before Christmas ...
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Volkswagen: This is how the board members spend the holidays: The Volkswagen family can look back on a busy year in 2023. Now it's time to recharge your ...
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Volkswagen: This is how the board members spend the holidays
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At VW, a decision of enormous significance for permanent employees and potential new recruits is imminent: The vehicle manufacturer ... Show more   www.businessinsider.de/wirtschaft/einstellungsstopp-bei-vw-warum-deutschlands-groesster-autobauer-in-der-krise-zu-immer-drastischeren-massnahmen-greift/   #VW   #wirtschaft
Quick Glance: Volkswagen imposes hiring freeze and implements cost-saving measures
  • No new hires in important factories

  • Consideration of job cuts

  • Concrete cost-saving measures at Volkswagen

  • Negotiations for interventions to improve results
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VW Brand Agrees €10 Billion Cost Savings Push With Labor Leaders: Volkswagen AG and powerful labor leaders have agreed an initial pact for €10 billion ($11 ...
bloomberg.com/news/articles/2023-12-19/vw-brand-agrees-10-billion-cost-savings-push-with-labor-leaders
VW Brand Agrees €10 Billion Cost Savings Push With Labor Leaders
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Sales of electric cars: VW finally sees a glimmer of hope in China: The company has been losing strength in the People's Republic for a long time ...
faz.net/aktuell/wirtschaft/unternehmen/vw-sieht-in-china-endlich-einen-hoffnungsschimmer-19321881.html
Sales of electric cars: VW finally sees a glimmer of hope in China
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Volkswagen delays fourth EV battery plant over ‘sluggish’ sales: Europe’s largest automaker, Volkswagen, is delaying plans for a fourth EV battery factory for ...
electrek.co/2023/11/01/volkswagen-delays-fourth-ev-battery-plant-over-sluggish-sales/
Volkswagen delays fourth EV battery plant over ‘sluggish’ sales
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Car company in transition: VW probably cuts 2000 jobs in the software division Cariad
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Car company in transition: VW probably cuts 2000 jobs in the software ...
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VW boss Blume: The team will be smaller in the future: VW boss Oliver Blume at an appointment in Berlin. He wants to ensure that the group significantly ...
braunschweiger-zeitung.de/wirtschaft/article240827436/VW-Chef-Blume-Das-Team-wird-in-Zukunft-kleiner.html
VW boss Blume: The team will be smaller in the future
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Car company in transition: VW is likely to cut 2,000 jobs in the Cariad software division
faz.net/aktuell/wirtschaft/auto-verkehr/cariad-sanierungsplan-vw-streicht-in-der-software-sparte-wohl-2000-stellen-19278202.html
Car company in transition: VW is likely to cut 2,000 jobs in the Cariad ...
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VW subsidiary Porsche and Google are expanding their collaboration: VW subsidiary Porsche and Google are expanding their collaboration. Porsche wants to ...
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VW subsidiary Porsche and Google are expanding their collaboration
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2000 jobs to go: How new boss Peter Bosch wants to save Cariad.: Cariad CEO Peter Bosch presents a restructuring plan for Volkswagen's ailing software subsidiary ...
manager-magazin.de/unternehmen/autoindustrie/cariad-wie-oliver-blume-und-peter-bosch-volkswagens-softwaretochter-sanieren-a-5f106b26-7868-4531-94e4-372441968415
2000 jobs to go: How new boss Peter Bosch wants to save Cariad.