Arno Antlitz & Oliver Blume

Arno Antlitz: CFO Arno Antlitz is involved in planning the restructuring, including potential spin-offs of the VW brand and parts operations.

Oliver Blume: CEO Oliver Blume is leading the restructuring push, presenting plans to the supervisory board and confirming deeper job cuts in internal memos.

Arno Antlitz: Arno Antlitz, Volkswagen's CFO, stated that current cost reduction plans are insufficient and a fundamental change in the business model is required to secure the company's future.

Oliver Blume: Oliver Blume, Volkswagen's CEO, emphasized the need for Volkswagen to align its strategy with a fundamentally changing world and explore options like defense production and making Chinese-designed cars to utilize spare capacity.

Arno Antlitz: Arno Antlitz, CFO and COO of Volkswagen, highlighted that the transaction will strengthen Volkswagen's financial position and increase its financial flexibility, while Everlence gains a strong partner in Bain Capital.

Oliver Blume: Oliver Blume, CEO of Volkswagen, commented on the strategic importance of the sale, emphasizing the creation of added value through leaner structures for Everlence and increased focus on Volkswagen's core business.

Arno Antlitz: Arno Antlitz, Volkswagen's finance chief, stressed the necessity of rigorously reducing costs to improve the company's long-term competitiveness.