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Key FactsVW CEO Praises China’s Discipline and Economic Planning
Mar 22, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: welt.de
Summary created with AI assistance · Source: welt.de
- Oliver Blume regards China’s state-driven economy and clear five-year plans as a model for Germany.
- China’s strong discipline and work ethic support effective achievement of economic objectives.
- VW aims to cut 50,000 jobs in a socially responsible way by 2024 while boosting productivity in Germany.
- Blume criticizes high energy costs and regulations in Germany but notes increased order volumes as a positive sign.
Developing, manufacturing, and then exporting vehicles in Germany no longer works.— Oliver Blume, VW CEO, in an interview with Bild am Sonntag about the need to adapt German car production.
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