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According to sources talking to the specialized German newspaper Handelsblatt, Volkswagen Group CEO Oliver Blume is preparing the biggest reorganization in the group’s history. A severe cost-cutting exercise is needed to remain competitive with the new Chinese players in the market and Tesla, for example.Lately, Volkswagen has been surpassed by BYD as the most important car seller in China, and its selling margins are put under pressure by the competition. Tesla started the price reduction in China, and brands like Ford and Mercedes followed.This content has been archived. Log in or Subscribe to a level that has access to archived…<\/p>\n","category_list_v2":"Industry<\/a>, Top Stories Today<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\nVolkswagen CEO brooding on a reorganization plan - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/06\/13\/volkswagen-ceo-brooding-on-a-reorganization-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volkswagen CEO brooding on a reorganization plan - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"According to sources talking to the specialized German newspaper Handelsblatt, Volkswagen Group CEO Oliver Blume is preparing the biggest reorganization in the group's history. 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