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CEO Oliver Blume faced frustrated investors at an annual shareholders meeting, with some criticizing his decision to remain at the helm at both firms.
Weak sales in China, slow EV demand and additional U.S. tariffs have all taken their toll on Porsche’s margin in the first ...
Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived ...
Investors welcome Q2 results, concerned by supply chain problems Porsche cut outlook ... whose double role as CEO of both Porsche AG and Volkswagen has already stoked concerns over whether one ...
But it’s figuratively true as well, as Resch, who took the CEO role at Porsche Cars North America ... A series of software development problems delayed deployment of the all-electric SUV ...
This is something close to my heart," Ostermann said. Potential new investors, including Tojner and sportscar maker Porsche, would inject capital under one of the scenarios, the company added in ...
Porsche investors are calling for CEO Oliver Blume to relinquish one of his roles at Porsche or Volkswagen to handle new challenges.