Who is the CEO of Volkswagen Germany?
Blume will continue as Volkswagen AG’s CEO until the end of 2030. Mr. Blume has held this post since 1 September 2022. In the last three years, Oliver Blume has impressively demonstrated his ability to advance and develop the Volkswagen Group’s strategy and business operations in a challenging environment. Since 1 October 2015, Blume has been the CEO of the Volkswagen subsidiary Porsche. He was appointed to this position by the company’s supervisory board on 30 September 2015, succeeding Matthias Müller, who became CEO of the Volkswagen Group.Oliver Blume’s successor will be Dr. Michael Leiters. Leiters has been CEO of McLaren Automotive from July 2022 until April 2025, having previously served as CTO for Ferrari for more than eight years. Leiters is no stranger to Porsche AG.
Where is the main Volkswagen factory in Germany?
Spanning more than 6. Volkswagen factory in Wolfsburg is now the largest automotive plant in Europe, employing more than 60,000 people. There was no Wolfsburg until 1938. Wolfsburg is a planned town that was founded to house autoworkers building the car which would later become famous as the Volkswagen Beetle. The Volkswagen Group is today one of the three biggest automotive companies of the world along with Toyota and General Motors.Spanning more than 6. Volkswagen factory in Wolfsburg is now the largest automotive plant in Europe, employing more than 60,000 people.
Why is Volkswagen closing in Germany?
The closure of the Dresden factory comes after Volkswagen experienced cash flow problems due to weak Chinese sales, declining European demand, and pressure on sales to the US from tariffs. The company needs to finance investments of approximately €160 billion ($187. With production stopping tomorrow, Volkswagen will, for the first time in its history, completely shut down a factory in Germany. The closure of the Dresden plant follows sales losses particularly in the Chinese market, stagnation in Europe, and pressure on exports stemming from US tariffs.The closure of the Dresden factory comes after Volkswagen experienced cash flow problems due to weak Chinese sales, declining European demand, and pressure on sales to the US from tariffs. The company needs to finance investments of approximately €160 billion ($187.
How many VW employees are in Germany?
At the end of the reporting year, the Volkswagen Group’s total workforce including the equity-accounted companies in China amounted to 679,472 employees worldwide, 0. December 31, 2023. There were 293,338 (−1. Germany, while 386,134 employees worked outside Germany (+0. Volkswagen Group: Produces more than 9 million vehicles annually. Dominates Europe with brands across every price bracket. BMW Group: Produces ~2. Stronger presence in premium and luxury markets, with BMW, MINI, and Rolls-Royce.Volkswagen had by far the highest amount of global employees of all companies based in Germany in 2024, at approximately 684 thousand employees. Deutsche Post DHL Group had the second highest number of employees at 504 thousand, followed by Bosch which had 429 thousand employees.Volkswagen maintained its traditional position as Germany’s best-selling car brand in 2025. Germany’s largest carmaker increased its market share to 19. Second-placed Mercedes-Benz had flat sales just below the German market average, for 9. German new car market in 2024.