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VW Is at the Center of a Huge Crisis in the Global Automotive Industry, the Group's Boss Said

The global automotive industry is currently going through a huge crisis and the German automobile group Volkswagen is at the center of it. This was stated by the German newspaper Bild, the head of the group Oliver Blume. Volkswagen, which also includes Škoda Auto, is now planning a large-scale restructuring in order to maintain...
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7 Articles

The titan of the German automobile squashes on its foundations. Behind the scenes of the largest European manufacturer, the diagnosis is without appeal and the remedy is expected to be brutal. The end of an era?

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The global automotive industry is currently going through a huge crisis and the German car company Volkswagen is at the center of it, according to the German newspaper Bild, the company's CEO Oliver Blume.

Due to the crisis in the automotive industry, Volkswagen CEO Oliver Blume is preparing the largest restructuring in history, including job cuts. However, its subsidiary Škoda Auto is doing well despite the crisis.

The global automotive industry is currently going through a huge crisis and the German car group Volkswagen is at the center of it. This was stated by the German newspaper Bild, the head of the group Oliver Blume. Volkswagen, which also includes Škoda Auto, is now planning a large-scale restructuring in order to remain competitive. The group has recently been struggling with a number of problems, including high costs, excess capacity, growing Ch…

The global automotive industry is currently going through a huge crisis and the German automobile group Volkswagen is at the center of it. This was stated by the German newspaper Bild, the head of the group Oliver Blume. Volkswagen, which also includes Škoda Auto, is now planning a large-scale restructuring in order to maintain...

Wolfsburg - The global automotive industry is currently going through a huge crisis and the German car group Volkswagen is in the middle of it. This was stated by the German newspaper Bild, the head of the group Oliver Blume. Volkswagen, which also includes Skoda Auto, is now planning a large-scale restructuring in order to remain competitive. The group has recently been struggling with a number of problems, including high costs, excess capacity…

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Hospodárske Noviny broke the news in Bratislava, Slovakia on Sunday, August 23, 2026.
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