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Oliver Blume, the CEO of Volkswagen Group

Volkswagen to invest €160 billion up to 2030, CEO says

Volkswagen Group plans to invest €160 billion up to 2030, its CEO Oliver Blume said, reflecting belt-tightening as Europe's top automaker faces a major crisis in its two key markets, China and the US.

Business • 08 Dec

US tariffs have cost Volkswagen 'billions' so far - CEO

Volkswagen was in advanced talks with the US government over substantial investments in the world's second-largest auto market, where tariffs have cost Europe's top carmaker billions of euros so far this year.

Business • 08 Sep

The Volkswagen Group employs over 20,000 people directly and over 55,000 people indirectly in the US

Volkswagen CEO flags 'massive' US investments in talks

Volkswagen is holding "fair" and "constructive" talks with the US government on tariffs and wants to make further investments in the country, CEO Oliver Blume told German newspaper Sueddeutsche Zeitung.

Business • 30 May

VW workers step up strikes to fight German plant closures

Volkswagen workers will go on extended strikes on Monday, stepping up a bitter dispute with management over layoffs and what would be the first factory closures on German soil for Europe's largest carmaker, a union statement said.

Business • 06 Dec 24

VW CEO clashes with workers as conflict over pay deepens

Volkswagen's CEO and labour boss clashed during a staff meeting today, with management pushing for major cuts while workers warned of more strikes as long as plant closures remain part of wage negotiations at the embattled German automaker.

Business • 04 Dec 24

VW considers one large vehicle plant and one component factory in Germany to be obsolete

Volkswagen considers historic German plant closures

Volkswagen is considering closing factories in Germany for the first time, in a move that shows the mounting price pressure Europe's top carmaker faces from Asian rivals.

Business • 03 Sep 24

Volkswagen's CEO Diess to leave company

Volkswagen's Herbert Diess is stepping down as chief executive, VW said today, a major change at the helm of one of Germany's most prominent global companies.

Business • 22 Jul 22

Oliver Blume