Audi trainee to Porsche chief: Meet Oliver Blume, new CEO at Volkswagen Group

Oliver Blume will take cost of the Volkswagen Group, which incorporates luxurious manufacturers like Porsche, Audi amongst others. Blume replaces Herbert Diess, who has stepped down because the CEO after a four-year stint.

By :
HT Auto Desk

Up to date on:
23 Jul 2022, 11:00 AM

Oliver Blume, new CEO of the Volkswagen Group, is seen addressing a summit as CEO of luxury car manufacturer Porsche in Germany in 2021. (File Photo) (REUTERS)
Oliver Blume, new CEO of the Volkswagen Group, is seen addressing a summit as CEO of luxurious automobile producer Porsche in Germany in 2021. (File Picture) (REUTERS)

Volkswagen Group, one of many largest group automobile producers on the earth, will now have a brand new boss. Oliver Blume, who spent his whole profession working for various manufacturers underneath the Volkswagen Group, will assume his position quickly. He’ll change Herbert Diess, who has determined to step down because the CEO of the carmaker. 54-year-old Blume, who just isn’t new to Europe’s greatest carmaker, is at the moment the CEO of luxurious automobile model Porsche. Here’s a fast have a look at Blume’s journey with the Volkswagen Group to this point.

Oliver Blume commencement in mechanical engineering within the early 90s. He had joined the German auto large 30 years in the past as a trainee after he cleared his commencement. He began his profession in 1994 when he joined Audi’s worldwide trainee programme. He had varied roles together with in physique building and logistics.

Blume’s first leap to the large league got here in 2009. He was promoted to guide manufacturing planning at Volkswagen’s key manufacturing facility in Wolfsburg, Germany which is the headquarters for the German carmaker. 4 years later, Blume joined the administration board in control of manufacturing and logistics at Porsche, the luxurious automobile model underneath the Volkswagen Group identified for its sports activities vehicles.

Blume turned the CEO of Porsche two years later in 2015. He spearheaded the luxurious carmaker’s effort to search for funding because it plans shift to a totally electrical future. 4 years in the past, Blume was additionally appointed to the administration board of the Volkswagen Group. He was given the accountability to take care of manufacturing of the German auto large.

Blume has not had a easy management file to this point. His strained relation with the commerce unions in Germany is a explanation for uncertainty over his management high quality that might spell points in future. His predecessor Diess too didn’t have the commerce unions on his facet when he hinted at job cuts to advertise Volkswagen’s electrical automobile push.

The Volkswagen Group underneath Diess is named one of many hardest rivals of Tesla, world’s largest electrical automobile manufacturing firm. Below Diess’s management, Volkswagen aimed to beat Tesla and lead the EV section globally. It stays to be seen whether or not Blume will choose up the items from the place Diess left off.

First Revealed Date: 23 Jul 2022, 11:00 AM IST

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