for the company born of the merger of Audi, Horch, DKW and Wanderer. That same Dr. Porsche, of course, is publicly credited (although disputed) with developing the original Volkswagen. Eventually ...
Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO ...
The full merger is expected to be completed sometime in 2011. Wolfsburg, 20 October 2009 - Volkswagen Aktiengesellschaft will take a 49.9 percent stake in Porsche AG in a first step towards an ...
Volkswagen faces rising costs, tough competition from Asia, and a tense dispute with unions over plant closures and wage cuts. Credit: josefkubes/Shutterstock. Porsche SE, a top shareholder of ...
These days there is precious little that Porsche and Volkswagen CEO Oliver Blume can smile about. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...
The 56-year-old is struggling to contain growing problems that now risk dragging down Porsche and Volkswagen. Oliver Blume, the part-time CEO of Porsche, is facing pressure to choose between ...