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Arno Antlitz

Arno Antlitz

Chief Financial Officer and Chief Operating Officer, Volkswagen Group

Appears in 1 story

Notable Quotes

Antlitz has argued that VW’s strong order book and balance sheet allow it to "continue investing in electrification and digitalization" even in a tough economic environment. ([cnbc.com](https://www.cnbc.com/2023/03/14/volkswagen-announces-five-year-193-billion-investment-plan-as-electrification-gathers-pace.html?utm_source=openai))

Stories

Volkswagen tightens a €160 billion bet on its future

Money Moves

Architect of financial discipline and performance program supporting revised capex plan

Volkswagen cut its long-term investment plan to €160 billion through 2030, down from €165 billion (2025–2029) and €180 billion (2024–2028), remaining one of the largest capital programs in global manufacturing. CEO Oliver Blume called it belt-tightening, citing higher U.S. tariffs on European car imports and intense price competition in China. These pressures have eroded Porsche margins and prompted a partial retreat from VW's most ambitious electric-vehicle targets.

Updated 6 days ago