"Makes the First Mistake": VW Supervisor Criticises CEO Blume Clearly
5 Articles
5 Articles
In the discussion about an extension of the savings plans at Volkswagen, Lower Saxony's Prime Minister Olaf Lies (SPD) goes to a distance from Group CEO Oliver Blume.
VW is facing profound changes and CEO Blume sees drastic cuts as inevitable. The headwind is severe.
»Really fatal«: Just before Oliver Blume wants to introduce his radical austerity program to the workforce, the Lower Saxony state government is distributing against the conversion plan of the VW boss.
At Volkswagen, the mood is in the basement. Corporate CEO Blume wants to restructure the "oversized" giant. Lower Saxony's Prime Minister Lies, on the other hand, sees size as a "giant pound" for the future.
Volkswagen is driving in crisis mode. The board sees the car manufacturer in the biggest transformation of the company's history.
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