Blume, Oliver (1968- )

Trump’s Tariffs Turn Porsche’s Headwinds Into a ‘Violent Storm’

The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the Trump administration.

By Melissa Eddy

Automobiles Blume, Oliver (1968- ) China Computers and the Internet Electric and Hybrid Vehicles Europe Factories and Manufacturing Germany Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Production Rivian Automotive LLC Software Sports Utility Vehicles and Light Trucks Stocks and Bonds United States Volkswagen AG

Volkswagen and Rivian Form Joint Venture, Deepening Alliance

The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.

By Jack Ewing and Melissa Eddy

Automobiles Blume, Oliver (1968- ) Electric and Hybrid Vehicles Factories and Manufacturing Germany Ig Metall Labor and Jobs Layoffs and Job Reductions Volkswagen AG

Volkswagen Considers Closing Plants in Germany

For the first time in its 87-year history, the automaker is considering shuttering factories in Germany, citing the need to remain competitive.

By Melissa Eddy

Blume, Oliver (1968- ) Dollner, Gernot Duesmann, Markus Electric and Hybrid Vehicles Volkswagen AG

Volkswagen Replaces Audi Chief Amid Pressure to Electrify

Gernot Döllner, who is considered close to Volkswagen’s chief executive, Oliver Blume, will take over at the luxury brand starting Sept. 1.

By Melissa Eddy