Arno Antlitz & Oliver Blume

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, as CFO of Volkswagen, is working with Oliver Blume to fundamentally restructure the company, including potential spin-offs.

Oliver Blume: Oliver Blume, as CEO of Volkswagen, is the architect of the proposed restructuring plans, aiming to make the company more competitive by cutting jobs, closing plants, and reducing investment. He is under pressure to revive Volkswagen's fortunes.

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.