In an investor call, Porsche CEO Oliver Blume revealed the carmaker has plans to re-enter the gas-powered compact SUV market with a new vehicle to sell alongside the Macan EV.

Volkswagen CEO Oliver Blume clashed with his workers in a heated meeting as the embattled boss continued his painful struggle to roll out pay cuts and close factories in Germany. The head of ...

Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between running the luxury sports carmaker or its much larger parent, Volkswagen, amid a growing crisis at both carmakers.

Volkswagen boss Oliver Blume, already battling slowing demand for electric cars and Chinese rivals, must now put aside his mantle as team player to tackle yet another tough opponent, Germany's ...

Volkswagen AG Chief Executive Officer Oliver Blume vowed to continue cutting costs as the German automaker charts a new course for China, where it is struggling with poor demand and waning relevance.

Volkswagen AG (VWAGY) CEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the company score a better tariff deal with ...

Volkswagen AG Chief Executive Officer Oliver Blume told workers that current union proposals to cut costs offer a starting point for negotiations but don’t go far enough to address flagging ...

BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the German carmaker cope with challenges in China and the U.S. tariff ...

Stream NBC 5 for free, 24/7, wherever you are. Porsche's CEO Oliver Blume on Wednesday said the company could lean into its partnership with Volkswagen — which has its own U.S. manufacturing ...

The Porsche AG board has appointed Dr. Oliver Blume as its new Chairman of the Executive Board. The 47-year-old Blume replaces Matthias Müller, who was last week appointed CEO of Volkswagen after ...

Porsche 's CEO Oliver Blume on Wednesday said the company could lean into its partnership with Volkswagen — which has its own U.S. manufacturing base — as it braces for potential tariffs ...