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Porsche CEO Oliver Blume to step down

Porsche CEO Oliver Blume to step down
business10/17/2025

Blume also serves as the CEO of Porsche parent company Volkswagen, where he will remain in charge. Blume's dual role at the top of two major auto brands had drawn criticism.

Oliver Blume is to step down as the CEO of German sports carmaker Porsche, the firm said on Friday. He also serves in the same role in Volkswagen Group, Porsche's parent company, a dual position that has attracted significant criticism amid years of ... [1628 chars]