Overview
- German weekly WirtschaftsWoche, citing insiders, says Blume plans to relinquish the Porsche post to focus on leading Volkswagen.
- The publication reports a successor search is underway with a target announcement in the autumn and implementation by early 2026.
- Porsche says it does not comment on rumors, and BILD cites corporate circles saying Blume will remain with owner families backing his dual role.
- The leadership speculation follows a Q2 automotive operating profit drop to €154 million from about €1.7 billion a year earlier, alongside weak China sales, U.S. tariffs and underperforming EVs.
- Battery unit Cellforce is being scaled back with roughly 200 jobs at risk, and insiders say stakeholders favor different candidates for a possible succession.