Volkswagen's CEO is focused on avoiding plant closures while addressing cost-cutting measures amid growing competition, especially in the Chinese market.
Volkswagen is facing cost-cutting pressures
Jul 12, 2026
05:56 pm
What's the storyVolkswagen's Chief Executive Officer (CEO) Oliver Blume is working to avoid plant closures.
He revealed this in an interview with Bild am Sonntag newspaper.
Volkswagen CEO Oliver Blume indicated on Sunday that he's trying to avoid closing plants at the German storied automaker, and…
BERLIN (AP) — Volkswagen's CEO indicated in comments published Sunday that he's trying to avoid closing plants as he seeks to…
“We were able to improve our factory costs in Germany by an average 20% last year alone,” he said.
Plant closures possible as part of German carmaker’s efforts to create resilience in face of competition from China
Volkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally…
BERLIN, July 12 — Volkswagen Group chief executive Oliver Blume said he believed the carmaker could avoid factory closures as it…
Volkswagen's CEO suggests 'more intelligent solutions than closing plants' amid turnaround effort and touts cost cuts | Fortune
