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FRANKFURT (Reuters) -Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of ...
CEO Oliver Blume faced frustrated investors at an annual shareholders meeting, with some criticizing his decision to remain at the helm at both firms.
Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived ...
The company was once saved by diversifying its lineup, but that also brought risks. It was also forced to go electric, making ...
Volkswagen's shareholders renewed their criticism of the automaker's corporate governance on Friday, demanding greater board ...
So, what went wrong? According to a new report from Automotive News, the company's overly aggressive and inflexible ...
Oliver Blume, Chairman of the Board of Management of Volkswagen AG and Porsche AG, pictured at the Volkswagen Group's annual press conference in the Autostadt. Julian Stratenschulte/dpa Top ...
Porsche’s EV push has hit another bump in the road as the automaker simultaneously battles tariffs and declining global sales ...
Weak sales in China, slow EV demand and additional U.S. tariffs have all taken their toll on Porsche’s margin in the first ...
While the Tesla CEO already pledged to spend more time at Tesla, Volkswagen’s Oliver Blume still has no clear plan for his succession at luxury sports car maker Porsche three years into his term.