Oliver Blume

"We are currently assessing across all brands, companies and regions how many adjustments are actually necessary and feasible."

"In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany."

"We are simply seeing how volatile and fragile our world is, with new issues arising every month."

"In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany."

"We need to prepare ourselves for the fact that we will come under price pressure here."

"The business model that has sustained us for decades in the Volkswagen Group... no longer works in its current form."

"Our goal for 2030 is an operating margin of eight to 10 per cent. The basis for this is strict cost and investment discipline."

"In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany."

"In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany."