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Volkswagen's Porsche-Piëch Dynasty Prepares for Change

Volkswagen's Porsche-Piëch dynasty is preparing for a significant change, with the family's leadership facing a major overhaul. The Porsche and Piëch families have controlled Volkswagen for over 80 years, but a generational shift is underway. The current chairman of the Porsche SE supervisory board, Wolfgang Porsche, is nearing retirement age, and his cousin, Hans Michel Piëch, has already stepped down from his role as chairman of the Volkswagen Group supervisory board.

The next generation of the Porsche and Piëch families is taking over, with Oliver Blume, a member of the Porsche family, set to become the new CEO of Volkswagen. Blume has been instrumental in Volkswagen's electric vehicle push and has been a driving force behind the company's shift towards more sustainable and environmentally friendly technologies. The change in leadership is expected to bring a new era of innovation and growth to the company, with a focus on electric vehicles, autonomous driving, and digitalization.

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Under the new leadership, Volkswagen is expected to continue its push towards electric vehicles, with a goal of offering over 70 new electric models by 2029. The company is also investing heavily in autonomous driving technology, with plans to launch its first self-driving cars in the near future. The Porsche and Piëch families have a long history of innovation and excellence in the automotive industry, and the next generation is expected to carry on this tradition.

Volkswagen's new leadership is also expected to focus on sustainability and environmental responsibility, with a goal of reducing the company's carbon footprint and becoming carbon neutral by 2050. The company has already made significant strides in this area, with the introduction of its "goTOzero" strategy, which aims to reduce emissions and waste across the entire supply chain.


Source: autoblog.com

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