The Volkswagen Group is on a solid footing, according to new chief executive Oliver Blume.
Speaking during a general meeting late last week, Blume said that he had spent his first 100 days at the helm of the company defining its strategy for China and North America, revising the software and platform strategies, and reshuffling many senior roles.
Blume noted that the Volkswagen Group needs to diversify in response to geopolitical tensions. He added that a decision on where to locate a new battery plant in Eastern Europe will be made shortly.
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