FRANKFURT, Germany: Volkswagen on Thursday handed over the reins to new Chief Executive Officer (CEO) Oliver Blume, tasked with steering the German automotive giant through challenging economic conditions after four turbulent years under his predecessor Herbert Diess.
Blume, nurtured in house at Volkswagen and the current CEO of premium sports brand Porsche, is unlikely to signal a significant departure from the electric strategy laid out by Diess.
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