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Oliver Blume’s success is decided in China

Oliver Blume as Porsche CEO at the World New Energy Vehicle Conference in Hainan.
The surprising change of leadership at Volkswagen is largely related to the company’s ailing China business, for which the previous CEO Herbert Diess was in charge. His successor Oliver Blume knows China inside out – and thus has a decisive advantage.
By
Felix Lee
Image of Felix Lee

Right in the middle of the factory-wide vacation in Wolfsburg, the news about the change of leadership at Volkswagen dropped on late Friday afternoon. For the previous VW CEO Herbert Diess, at least according to VW circles, it came as a shock. He was well aware that some employees were upset with him and that he still had not solved some crucial problems. But the decision to remove him from his position came without warning.

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