The Volkswagen Group has outlined plans for a major restructuring under new CEO Oliver Blume.
In a move aimed at providing a “closer working connection” between each of the German giant's main brands, Volkswagen, Audi and Porsche will take on new areas of competence within a revised business structure that will provide “clearer priority setting and faster implementation of change”.
Effective from 1 January 2023, Volkswagen will be responsible for production and procurement, Audi will be the lead for sales and quality and Porsche will head development and design.
