porsche ceo oliver blumeporsche ag part of the volkswagen group profits from being part of volkswagen its ceo oliver blume said on wednesday following speculation that an ipo of the luxury unit could be on the cards we feel very comfortable in the volkswagen group we can profit from synergies the important thing in this time is to focus on transformation blume said speaking at a car industry conference organised by autos publication automobilwoche in ludwigsburg germany germanys manager magazin reported in october that investment bank goldman sachs and law firm freshfields were among advisors working on a possible listing of the unit advt volkswagens ceo herbert diess said on oct 28 the company was constantly reviewing its portfolio but provided no further commentalso readvolkswagen committee to discuss future of ceo diessthe planned meeting of the rarelysummoned mediation committee of vws supervisory board comes in response to tensions between management and its works council after sources said diess told a recent meeting of the board that 30000 jobs were at risk as part of the groups electric vehicles pushsee more detailsvolkswagen ceo demands revolution to tackle teslathe german group whose 12 brands include audi porsche and skoda is pumping 35 billion euros 40 billion into the shift to electric vehicles and aims to become the worlds largest electric carmaker by 2025see more details reuters published on nov 10 2021 at 0529 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app porsche ag volkswagen group luxury cars ipo auto demand oliver blume herbert diess homenewsporsche ag benefits from being part of volkswagen group ceo