Volkswagen CEO Oliver Blume earns more than 10 million euros per year.
68% confidence
EconomyGermany
Omissions
The claim was accurate for 2024: Blume's total remuneration (including pension provision and multi-year variable remuneration) was just under 10.35 million euros per the Volkswagen Annual Report 2024, with other calculations reporting 10.32–10.6 million (DSW report, Süddeutsche Zeitung).
The most recent data available before the session date (2026-07-07) shows a decline: reports published in March 2026, based on the Volkswagen Remuneration Report 2025, put Blume's 2025 total remuneration at about 9 million euros — below the 10 million threshold — partly because Volkswagen's savings programme cut board pay.
The exact 2025 figure varies slightly by reporting: base salary per the remuneration report was roughly 6 million euros, with pension and variable components bringing the total to about 9 million; some reports attribute a 9-million figure to former CEO Herbert Diess, who is reported to still earn more than Blume, which would put Blume's 2025 pay even lower.
The MEP cited no source; the 2025 figures were published (March 2026) before the session and were therefore knowable at the time of the speech.
Sources
PrimaryVolkswagen AG Annual Report 2024 — Board of Management RemunerationIng. h.c. F. Porsche AG (Porsche AG): since January 1, 2023, Volkswagen AG has granted Mr. Blume 50% of the remuneration for the Chair of the Board of Management of Volkswagen AG and 50% of the remuneration for the Chair of the Board of Management of Porsche AG.
PrimaryVolkswagen AG Remuneration Report 2025 (auditors' report)Blume received, from Volkswagen AG, 50% of the remuneration for the Chair of the Board of Management ... annual financial statements of Volkswagen AG, adjusted for the remuneration.
SecondaryMarketScreener (VW boss Blume earns 10.35 million euros)Including retirement benefits and variable remuneration for several years, he received just under 10.35 million euros in 2024, according to the [Volkswagen annual report].
SecondaryKronen Zeitung (krone.at)VW and Porsche CEO Oliver Blume received more than ten million euros in salary in 2024. This includes pension provision and variable remuneration.
SecondarySüddeutsche ZeitungBlume war 2024 mit 10,6 Millionen Euro bestbezahlter Dax-Chef, obwohl VWs Nettogewinn um 30 Prozent einbrach und 35000 Stellen abgebaut wurden. (Blume was the highest-paid DAX CEO in 2024 with 10.6 million euros, although VW's net profit fell by 30 percent and 35,000 jobs were cut.)
SecondaryZeit Online (dpa)Einschließlich Altersvorsorge und variabler Vergütung kam er 2025 auf 9 Millionen Euro. (Including pension provision and variable remuneration, he received 9 million euros in 2025.) Title: 'VW-Chef Blume verdient weniger – Diess weiter vorn' (VW boss Blume earns less – Diess still ahead).
SecondaryManager MagazinEinschließlich Altersvorsorge und variabler Vergütung kam er 2025 auf 9 Millionen Euro. (Including pension provision and variable remuneration, he received 9 million euros in 2025.) Title: 'Volkswagen-Chef Oliver Blume erhält Millionenbonus – Vergütung sinkt dennoch' (VW boss Blume receives a million bonus – remuneration nonetheless sinks).