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The Latest Breaking News from Oliver Blume

Volkswagen Develops Revamped Plan For EV Production And Software

Volkswagen was expected to be one of the first global brands to top Tesla on EVs, but there's been some shifting going on. Now, it has a new five-year plan.

Porsche Big Electric SUV To Cost Three Times More Than A Cayenne: Report

Porsche Big Electric SUV To Cost Three Times More Than A Cayenne: Report

The seven-seat sport utility vehicle is said to have off-road chops.

Volkswagen Group CEO: No Plan To Cut Prices To Follow Tesla

Volkswagen Group CEO: No Plan To Cut Prices To Follow Tesla

Tesla raised its prices often last year, and some brands followed suit. The US EV maker is now reducing its prices significantly, and VW Group won't match.

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Porsche Boss Says "Very Sporty Hybrid" 911 Is Coming

Owners won't have to plug it in.

Porsche Planning Additional 911 Off-Road Variants If Dakar A Success

There’s plenty of room for more high-riding 911s in Porsche’s portfolio.

How Volkswagen Transitioned From Climate Cheater To EV Leader

Rather than completely ruining the global automotive group, VW's storied "Dieselgate" scandal led to the company being considered a clean vehicle leader.

VW Group Plans Quality Offensive, Fresh Designs, Golf And Tiguan EVs

The newly appointed chairman plans to overhaul the conglomerate.

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Germany’s Unlearned Lessons

Germany’s Unlearned Lessons

Berlin must reduce its dependence not just on Russia but on China, too.

Foreign Affairs

New Volkswagen boss eyes tapping the brakes on software drive

New Volkswagen boss eyes tapping the brakes on software drive

Berlin (AFP) - Volkswagen's new boss Oliver Blume will seek to rally the board and shareholders at back-to-back meetings from Thursday to support his strategy on a crucial automotive software that felled his predecessor.

Porsche Confirms New Hypercar Will Be Launched… Eventually

Porsche Confirms New Hypercar Will Be Launched… Eventually

The 918 Spyder will get a successor but not in the foreseeable future.

Volkswagen Revises EV Strategy, Delays But Extends MEB Lifespan

Volkswagen Revises EV Strategy, Delays But Extends MEB Lifespan

VW is in the midst of reassessing its EV future on multiple fronts. It will now come about two years later as a combination of the MEB and SSP platforms.

Volkswagen Starts Search For Battery Cell Plant Sites In Canada

Volkswagen Starts Search For Battery Cell Plant Sites In Canada

VW's CEO said Canada is one logical option for building a gigafactory in North America, thanks to high sustainability standards and ideal economic conditions.

Volkswagen Trinity Delayed Until 2030 Due To Software Problems: Report

Volkswagen Trinity Delayed Until 2030 Due To Software Problems: Report

The new factory where it's supposed to be made might not be built anymore.

Volkswagen delays key EV project as Tesla challenge stumbles

Volkswagen AG’s ambitious push to supplant Tesla Inc. as the global electric-vehicle leader is running into trouble.

Tribune News Service

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Volkswagen's Upcoming Tesla-Rivaling Project Trinity Under Review

With new CEO Blume at the helm, VW Group is taking a closer look at future projects to guarantee the most success. Software fixes and roadmap updates to come.

Volkswagen says China recovery accelerating

Frankfurt (AFP) - Auto giant Volkswagen said Friday its recovery in China was accelerating, but sounded a note of caution on geopolitical risks as concerns grow over German dependence on the Asian giant.

Porsche Seven-Seat Electric SUV Rendering Predicts Look Of Larger Model

Porsche is preparing a vehicle to fit above the Macan and Cayenne.

The Guardian - UK

Porsche shares rise on first trading day in €75bn stock market float

German carmaker Volkswagen lists 12.5% of Porsche shares to raise billions to invest in electric cars

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VW Will Accelerate EV Shift Hoping To Overtake Tesla By 2025

Even with a new CEO, Volkswagen is still determined to become the world’s largest manufacturer of electric vehicles by 2025.

Volkswagen shifts gear with Oliver Blume taking wheel

FRANKFURT: Volkswagen on Thursday hands over the reins to new CEO Oliver Blume, tasked with steering the German automotive giant through challenging economic conditions after four turbulent years under his predecessor, Herbert Diess.

Volkswagen shifts gears with Oliver Blume taking wheel

Frankfurt (AFP) - Volkswagen on Thursday hands over the reins to new CEO Oliver Blume, tasked with steering the German automotive giant through challenging economic conditions after four turbulent years under his predecessor, Herbert Diess.

Volkswagen 'confident' despite global headwinds

Frankfurt (AFP) - German auto giant Volkswagen said Thursday that it was able to overcome global economic headwinds and supply chain issues to put in a "robust" performance in the first six months of 2022.

Volkswagen Group Fired Diess Because Of Software Unit Fiasco

The Porsche and Piëch families that control Volkswagen Group plotted Herbert Diess's ouster while he was on a US trip last week, Bloomberg reports.

VW's new CEO faces twin challenges of Porsche, software problems

Frankfurt (AFP) - When Oliver Blume ascends to the top job at German automaker Volkswagen in September, he will be faced with taming the challenges that led to the fall of his predecessor, Herbert Diess, last week.

Stocks Higher, Week Ahead, Boeing, Volkswagen and Monkeypox - Five Things To Know

Stock futures higher as Fed decision looms; Week Ahead: earnings, fed, GDP and inflation data; Boeing edges lower following St. Louis strike vote; Volkswagen slides on first day trading following CEO Diess ouster and WHO declares global health emergency over monkeypox outbreak.

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