Oliver Blume renews his leadership of the Volkswagen Group until 2030.

Oliver Blume will continue to lead the Volkswagen Group until 2030, after the Supervisory Board reached an agreement with the German executive this week, as announced by Volkswagen Board Chairman Hans Dieter Pötsch. Blume has already served as CEO of the Volkswagen Group since 2022, when he replaced Herbert Diess, and now has the approval of the Executive Board.

The new contract linking Oliver Blume as CEO of the Volkswagen Group (which includes the brands Volkswagen, Audi, Porsche, Seat, Cupra, Lamborghini, and Bentley, among others) will come into effect on January 1, 2026, and represents a formal ratification of his position. Blume is a mechanical engineer with a long history within the brand, holding technical positions at Audi and Seat before taking over at Porsche in 2015, at the height of the crisis caused by the Dieselgate scandal and the emissions fraud.

His strong performance at the helm of Porsche has secured the brand's future and boosted vehicle sales in a challenging environment. This led to his appointment as head of the Volkswagen Group in 2022, during a turbulent period within the group due to the implications of the brand's electrification process and Ukraine. The first thing Oliver Blume did as head of the group was to launch a new roadmap towards the electrification of the group's more contemporary brands, adapted to the demands of the current market.

Blume's appointment was accompanied by the appointment of Markus Haupt as president of Seat SA (the entity that encompasses the Seat and Cupra brands) and the appointment of Michael Leiters as head of Porsche, after having completed his tenure at McLaren.