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In Good Company with Nicolai Tangen

Porsche and Volkswagen CEO: Leadership, iconic cars & Chinese competition

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8186 Ratings

🗓️ 15 May 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

Join us for an exciting drive with Oliver Blume, the CEO of Porsche & Volkswagen! Oliver talks about his love of cars, the magic of the Porsche 911, Chinese competition in the EV market and how he splits his time leading two companies. When Porsche got listed in 2022, we were a cornerstone investor, and today we own over 1% of Porsche and Volkswagen. We are in the race together, so let us go for a ride.

The production team for this episode includes PLAN-B's Pål Huuse and Niklas Figenschau Johansen. Background research was conducted by Kristian Haga.





Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hi everybody. Today we're going for an exciting drive with the CEO of Porsche and Volkswagen, Oliver Blume.

0:06.0

Now, Porsche is one of the most recognized brands on the planet, and we own more than 1% of Porsche and Volkswagen.

0:13.0

When Porsche got listed in 2022, we were a cornerstone investor, so we are kind of in the race together here.

0:19.0

So, I'm here. Hello, it's a great pleasure to be together with you and

0:24.8

joining your podcast serious, Nikolai.

0:35.8

So, um, Oli, are you, are you a petrol hand?

0:39.4

I am, I am. I'm working in the automotive industry since 30 years.

0:44.4

I'm passionate for cars and I love it to drive.

0:47.9

Where did you buy your first Porsche?

0:49.4

I buy my first Porsche when I started at Porsche almost 12 years ago. And it was the 9-11.

0:59.6

What's the magic week 9-11? I mean, your ticket code on the Soch Exchange is P-9-11. You have

1:06.0

911 million shares in issue. So what is it with this number?

1:17.7

Yeah, the 9-11 is our icon. Our first edition we launched in 1963.

1:25.5

And since then, we had numerous successes and victories in motorsport.

1:31.3

And the 9-11 expresses what what Porsche stands for.

1:33.0

It's a unique design.

1:35.6

It's a great performance of the car.

1:39.8

And it's the great lifestyle of Porsche, our customers love.

1:51.2

So you, real professional petrolhead, you basically open the door of a car and you sit down and you start the engine.

1:56.7

How do you know it's a good car? So when you drive, you start to drive, you know, second, third, fourth gear.

2:00.5

Just how do you know that you love this car? What is it you're looking for?

2:05.5

Yeah, first of all, we have the key on the left-hand side at Porsche,

...

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