Overview

• German outlets citing WirtschaftsWoche report that Oliver Blume plans to relinquish the Porsche chief role to focus on leading Volkswagen.
• Insiders say a successor search is active with internal and external candidates, with an announcement targeted for autumn and a handover by early 2026.
• Porsche and Volkswagen declined to comment on the reports, while some company circles told BILD that Blume intends to retain both posts.
• The pressure reflects steep profit declines, including a roughly 91% drop in Q2 automotive operating profit to €154 million and a first‑half group profit slide reported around 71%.
• Porsche is scaling back its battery ambitions by restructuring Cellforce, with around 200 jobs at risk, as China demand softens and U.S. tariffs weigh on results.