Volkswagen CEO Oliver Blume presents restructuring plan for 2030
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Oliver Blume, Volkswagen
Wolfsburg, Germany
July 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 17/10/2026, 9:31:17 AM
VW CEO Oliver Blume introduced a 'Group Target Picture' for 2030, involving plant closures and investment cuts. The plan includes spinning off the passenger car and components divisions. Analysts doubt the feasibility of the plan given the current power dynamics within the supervisory board.
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