Oliver Blume is to step down as chief executive of German sports carmaker Porsche, the Stuttgart-based company said on Friday ...

Oliver Blume is to step down as chief executive of German sports carmaker Porsche, the Stuttgart-based company said on Friday ...

Oliver Blume’s roles leading both Volkswagen and the sports-car maker have attracted mounting criticism.

Michael Leiters, a well-known figure after roles at McLaren, Porsche and Ferrari, could be appointed as Porsche CEO as early ...

Porsche lined up ex-McLaren boss Michael Leiters as its new CEO on Friday, in a bid to revive the German luxury sports car ...

Oliver Blume's planned exit as Porsche AG CEO is long overdue, German mutual fund firm Deka Investment said on Friday, adding ...

Porsche AG appointed Michael Leiters, the former head of McLaren Automotive Ltd., to take over as chief executive officer and ...

Leiters is tipped to take over from CEO Oliver Blume as the carmaker struggles with U.S. tariffs, sales tanking in China and ...

Apparently, investors didn’t like Porsche's stock halving since 2022 under Oliver Blume, though he'll continue to head the VW ...

Blume also serves as the CEO of Porsche parent company Volkswagen, where he will remain in charge. Blume's dual role at the ...

As previously indicated, Michael Leiters will replace Oliver Blume as CEO of Porsche from 1 January 2026. Blume will remain ...