Overview

• Daniella Cavallo told a works assembly in Wolfsburg that the Volkswagen chair cannot split time with Porsche and declared the situation must end.
• An unnamed insider said Porsche is searching for a successor to Oliver Blume, a move previously reported by several outlets, while the companies did not comment.
• Blume has led Porsche for about a decade and has also been Volkswagen CEO since 2022, a dual mandate long criticized by some shareholders and analysts for potential conflicts.
• Cavallo urged stronger internal cohesion across the group and a bundling of key competencies within the Volkswagen executive board.
• She rejected steering the company from a financial holding, warning this would waste billions and undermine efforts to improve production efficiency.