Volkswagen CEO Oliver Blume highlighted on Sunday that Germany’s automotive industry could take lessons from China’s structured and disciplined approach to industrial planning, as the company accelerates a major restructuring to remain competitive. In an interview with Bild am Sonntag, Blume noted that China’s methodical prioritization and high level of execution serve as a model for efficiency and innovation.
Blume emphasized that observing China’s development offers valuable insights for Volkswagen, particularly in the context of the country’s highly competitive automotive market. He pointed out that Volkswagen faces more than 150 competitors in China, alongside rapidly evolving innovation dynamics, which underscore the need for strategic adaptability.
As part of its transformation, Volkswagen plans to cut 50,000 jobs in Germany by 2030, a move aimed at streamlining operations and maintaining competitiveness amid global pressures. Blume’s comments signal the company’s intent to blend lessons from China’s industrial approach with its ongoing overhaul, positioning Volkswagen to better navigate both domestic and international market challenges.
