Volkswagen Board Rejects Blume Restructuring Plan
Oliver Blume’s grand plan to resuscitate Volkswagen Group suffered a setback last week at a company board meeting.
Oliver Blume’s grand plan to resuscitate Volkswagen Group suffered a setback last week at a company board meeting.
Kai Grünitz, Olaf Lies, Robert Müller, Jörg Tegeler, and Martin Sander at the handover of the 1.5 million ID. model in Emden. Copyright: Volkswagen AG.
The board of directors for Volkswagen AG met on July 9 to approve a new plan proposed by CEO Oliver Blume for the company’s future.
Audi will unveil the new A2 e-tron in fall 2026, complementing its portfolio with an all-electric entry-level model family in the compact class. The A2 e-tron, manufactured in Ingolstadt, will rejuvenate the Audi model range and open up access to premium electric mobility. At the Audi Annual Media Conference, CEO Gernot Döllner announced the A2 e-tron — … [continued]
BEVs reach 22% market share! Thanks to a number of factors (new, cheaper and/or better models, record high gas prices, mass arrival of Chinese models, etc.), EVs have risen to record highs in Europe, with over half a million plugin vehicles being registered in Europe in March, 349,000 of them … [continued]
While other legacy automakers have shied away from talking about electric vehicles in their PR lately, Volkswagen Group is still giving them a strong focus. In the company’s global quarterly report published this week, it seemed that they accounted for half the text. Here are the highlights. The opening quote … [continued]
With its largest-ever product campaign for electric vehicles, the Volkswagen Group is consistently implementing its “In China, for China” strategy—starting with “Auto China 2026” in Beijing. Under the motto “Rise Up”, the Volkswagen Group will present ten models from four brands at its Media Night on April 21, while also … [continued]
Audi announced this week the arrival this fall of a new entry level electric car known as the A2 e-tron, to be manufactured in Ingolstadt.
After the usual December EV record sales peak in China, which coincided with an end-of-incentive sales rush (NEVs are no longer exempt from purchase tax this year), the year started with an expected sales slump, down by 20%, which sounds like a lot, but considering that the overall market was … [continued]
With 2025 numbers in and the more basic US EV sales reports out, now is the time for one of my favorite topics of exploration — how fast different automakers are electrifying. Yes, it just hit me that we should really do an analysis like this for global sales — … [continued]
It’s taken some time, but we’ve finally crunched the numbers for the US electric vehicle market in terms of auto brands and auto groups. (That’s full battery-electrics, not inclusive of plugin hybrids.) Here’s our report on how different auto brands and auto groups did in the EV market in 2025. … [continued]