Oliver Blume will present his restructuring plan titled „Group Target Picture 2030“ to the Volkswagen supervisory board on July 9.
The chief executive plans to submit a catalog of measures more than 100 pages long to the board chaired by Hans Dieter Pötsch for approval. For the first time a resolution text is on the table.
Sources from the company’s inner circle say that on July 9 there will either be another postponement or an explosion of tensions. The plan reaches deeper than any previous proposals presented to the supervisory board.
The Wolfsburg-based group is seeking new paths with the move after years of following a principle of growth.
