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Volkswagen: Oliver Blume Faces Major Setback with Cost-Cutting Plans

July 10, 2026Diego Herrera1 мин

According to information obtained by SZ, the Volkswagen executive board's cost-cutting initiatives have encountered a significant roadblock within the supervisory board, at least for the time being. An insider revealed that Group CEO Blume, who reportedly began with strong intentions, has found himself in a weakened position, described by one source as having "started as a tiger and become a doormat."