VW restructuring must be CEO Blume's focus, Deka Investment says

Porsche Automobil Holding SE

17/10/2025 10:35

FRANKFURT, Oct 17 (Reuters) - Oliver Blume's planned exit as Porsche AG P911_p.DE CEO is long overdue, German mutual fund firm Deka Investment said on Friday, adding he must focus on turning around parent Volkswagen VOWG_p.DE.

"Blume must win back the trust of the capital market. He must push ahead with the restructuring (of Volkswagen) and deliver on the announced models and targets," Ingo Speich, Deka's head of sustainability and corporate governance, said.

 (Reporting by Ilona Wissenbach
Writing by Ludwig Burger; editing by Barbara Lewis)

 ((ludwig.burger@thomsonreuters.com;))