Volkswagen Group, the world’s second-largest automaker by vehicle sales, is headquartered in Wolfsburg, Germany, and oversees a portfolio of 10 automotive brands including VW, Audi, Porsche, Lamborghini, Bentley, and Skoda. Volkswagen CEO Oliver Blume has led the group since September 2022, when he replaced Herbert Diess. Blume is a lifelong VW Group insider who rose from an Audi trainee in 1994 to CEO of Porsche AG in 2015, and then to the top of the entire group. In January 2026, the Supervisory Board extended his contract through 2030 and he relinquished his dual role as Porsche CEO to focus exclusively on the Volkswagen Group. Under his leadership, the group generated €324.7 billion in revenue in FY2024.

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Oliver Blume – Quick Facts

Volkswagen Group Competitors

Volkswagen Group operates in the fiercely competitive global automotive industry. The key competitors of Volkswagen Group include:

• Toyota Motor Corporation – World’s largest automaker by volume (10.8M vehicles in 2024)
• Stellantis (Jeep, Peugeot, Fiat, Chrysler) – Major multi-brand automotive group
• Hyundai Motor Group (Hyundai, Kia, Genesis) – Third-largest global automaker
• BMW Group (BMW, MINI, Rolls-Royce) – Premium segment rival
• Mercedes-Benz Group – Luxury competitor to Audi and Porsche
• BYD Company – China’s dominant EV manufacturer (3.8M sales in 2024)
• Ford Motor Company – Major US-based competitor
• Tesla – Pure-play EV competitor challenging VW’s electrification strategy

Oliver Blume Net Worth 2026 – Volkswagen CEO Salary

As of 2026, Oliver Blume’s net worth is estimated at approximately $50–100 million USD, accumulated through decades of senior executive roles within the Volkswagen Group and significant equity holdings. As CEO of both Volkswagen Group and Porsche AG through January 2026, Blume was Germany’s highest-paid corporate executive.

Volkswagen CEO Compensation Breakdown (FY2024)

Volkswagen Group Net Worth 2026 – Is Volkswagen Profitable?

Yes, Volkswagen Group remains a profitable company, though FY2024 brought challenges. The group generated €324.7 billion in revenue with an operating result of €19.1 billion, down 15% from the prior year due to intense competition in China, restructuring costs, and the phasing out of EV subsidies in key markets.

Volkswagen Group Financial Summary (FY2024)

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Volkswagen CEO Email Address | Oliver Blume Contact

Below are the official contact details and channels for Volkswagen CEO Oliver Blume:

Career & Education – Company, University, & College

Oliver Blume’s career is remarkable for its singular focus: he has spent his entire professional life within the Volkswagen Group, rising from a trainee to the top leadership position over three decades. Below is his complete career timeline:

Oliver Blume Career Timeline

Oliver Blume began his automotive career immediately after university, joining Audi AG’s international trainee program in 1994. He quickly moved through body construction and production planning roles, working on models like the Audi A3. In 2001, he earned his doctorate from Tongji University in Shanghai, deepening his expertise in vehicle engineering and building connections in China — a market that would become critical for VW.

After managing Audi’s pilot plants, Blume relocated to Barcelona in 2004 to lead planning at SEAT, VW’s Spanish brand. He returned to Germany in 2009 as Head of Production Planning for the Volkswagen passenger car brand, before joining Porsche AG’s executive board in 2013 to oversee production and logistics.

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In October 2015, Blume became CEO of Porsche AG, leading the sports car maker to multiple record years in sales and profitability. He oversaw the launch of the Taycan, Porsche’s first fully electric vehicle, and the company’s historic IPO in September 2022. That same month, he was appointed CEO of the entire Volkswagen Group, making him the only person in automotive history to simultaneously lead both Volkswagen Group and Porsche AG. In January 2026, he handed the Porsche CEO role to Dr. Michael Leiters to focus exclusively on the group.

Education

Oliver Blume Wiki – Age, Family, & More

Volkswagen CEO Oliver Blume (age 57) was born on June 6, 1968, in Braunschweig, Germany — just 30 kilometers from Volkswagen’s headquarters in Wolfsburg. He is married and has two daughters. Blume is known for maintaining a low public profile regarding his personal life, prioritizing privacy despite his high-visibility role as head of one of the world’s largest companies.

Outside the boardroom, Blume is an avid sportsman. He plays football as a sweeper and regularly trains for half-marathons. His leadership style is widely described as collaborative and consensus-driven, a deliberate contrast to the more confrontational approach of his predecessor Herbert Diess. Colleagues credit his ability to work constructively with labor unions and the Porsche-Piech family as key factors in his appointment and contract extension.

Notable Achievements & Milestones

• Porsche Taycan Launch – Oversaw development and launch of Porsche’s first all-electric vehicle
• Porsche IPO (2022) – Led the company to its historic initial public offering, Europe’s largest in over a decade
• Dual CEO – Only person in automotive history to simultaneously serve as CEO of both VW Group and Porsche AG (2022–2026)
• Contract Extension – VW Supervisory Board extended his term through December 2030
• CEO Today Global Award (2026) – Recognized as a top global CEO
• China Strategy – Strengthened VW’s position in China through partnerships and Tongji University alumni ties

About Volkswagen Group

Volkswagen Group is a German multinational automotive manufacturing corporation headquartered in Wolfsburg, Lower Saxony. Founded in 1937, it is the world’s second-largest automaker by vehicle sales and one of Europe’s most valuable companies. The group manages a portfolio of iconic automotive brands:

Volkswagen Group trades on the Frankfurt Stock Exchange under the ticker symbols VOW3 (preferred shares) and VOW (ordinary shares). The company employs approximately 680,000 people worldwide and operates over 100 production plants across 27 countries.

Frequently Asked Questions (FAQ)

Who is the current CEO of Volkswagen?

Oliver Blume has been CEO (Chairman of the Board of Management) of Volkswagen AG since September 2022. He replaced Herbert Diess and has had his contract extended through December 2030.

What is Oliver Blume’s net worth in 2026?

As of 2026, Oliver Blume’s net worth is estimated at $50–100 million USD, based on decades of senior executive compensation within the Volkswagen Group and significant equity holdings.

What is the Volkswagen CEO’s salary?

Oliver Blume earned approximately €10.35 million in total compensation for fiscal year 2024, including base salaries from both VW and Porsche, performance bonuses, and retirement benefits. This made him Germany’s highest-paid CEO.

What is the Volkswagen CEO’s email address?

Volkswagen CEO Oliver Blume can be reached at [email protected]. For investor inquiries, use [email protected]. The corporate address is Berliner Ring 2, 38440 Wolfsburg, Germany. Phone: +49 5361 9-0.

Is Oliver Blume still CEO of Porsche?

No. Blume served as CEO of both Volkswagen Group and Porsche AG simultaneously from September 2022 to January 2026. He relinquished the Porsche role in January 2026, handing it to Dr. Michael Leiters, to focus exclusively on the Volkswagen Group.

What brands does Volkswagen Group own?

Volkswagen Group owns VW, Audi, Porsche, Lamborghini, Bentley, Bugatti, SEAT, CUPRA, Skoda, Ducati, Scania, MAN, and Navistar, among other brands and subsidiaries.

Article last updated:January 2026March 4, 2026