Ferdinand Piech

Porsche, Piech sued in Frankfurt by hedge funds over failed Volkswagen deal

Feb. 2, 2014 18:49 CET
Seven hedge funds sued Wolfgang Porsche and Ferdinand Piech, members of Porsche Automobil Holding's supervisory board, seeking $2.4 billion of compensation over the aborted purchase of Volkswagen.... Read More »

 

VW offers former Mercedes exec Renschler big budget to be trucks chief, report says

Jan. 31, 2014 11:22 CET
Volkswagen is offering former Mercedes production chief Andreas Renschler a substantial budget to bring in more people to push integration among its three commercial vehicles brands, sources said.... Read More »

 

VW's Piech, Winterkorn staying at least until 2018, labor chief says

Jan. 22, 2014 16:20 CET
VW Chairman Ferdinand Piech and CEO Martin Winterkorn will probably stay at the automaker until 2018, said Bernd Osterloh, head of VW's works council.... Read More »

 

Daimler to name ex-BMW CEO Pischetsrieder to supervisory board, report says

Dec. 12, 2013 09:41 CET
Daimler will name Bernd Pischetsrieder, a former CEO of rival premium carmaker BMW, to its supervisory board next year, a German business newspaper reported.... Read More »

 

LUCA CIFERRI

Fiat's loveless marriage to Alfa

12:01 am U.S. ET | Dec. 5, 2013
There has always been bad chemistry between Fiat and Alfa. Fiat's mass-market focus simply does not sit well with Alfa's great history of technical innovation and extreme performance. But Fiat refuses to dispose of it, despite strong interest from Volkswagen.... Read More »

 

LUCA CIFERRI

Fiat's loveless marriage to Alfa

12:15 am U.S. ET | Dec. 2, 2013
There has always been bad chemistry between Fiat and Alfa. Fiat's mass-market focus simply does not sit well with Alfa's great history of technical innovation and extreme performance. But Fiat refuses to dispose of it, despite strong interest from Volkswagen.... Read More »

 

VW's rise to global No. 1 remains elusive as U.S. sales disappoint

Oct. 31, 2013 06:34 CET
Two years after VW began its latest push to become a major contender in the U.S. car market, local automakers are hitting back hard, hampering VW's bid to be the world's best-selling carmaker.... Read More »

 

Marchionne pins teenage Alfa Romeo dreams on Chrysler cash

Oct. 17, 2013 16:13 CET
Sergio Marchionne wants to return Alfa Romeo to its former glory as the brand he remembers from his youth. But to do that, he first needs cash from Fiat-controlled Chrysler Group.... Read More »

 

Marchionne pins teenage Alfa Romeo dreams on Chrysler cash

10:13 am U.S. ET | Oct. 17, 2013
Ever since Sergio Marchionne saw “The Graduate” in the 1960s, he's had a soft spot for Alfa Romeo, the maker of the Spider Duetto convertible Dustin Hoffman's character drove in the film. Four decades later, Marchionne is the CEO of Alfa Romeo's parent Fiat and wants to return the struggling brand to its former glory, but to pull it off he needs cash from Fiat-controlled Chrysler.... Read More »

 

For staying power, nobody tops VW's Piech

12:01 am U.S. ET | Sept. 16, 2013
No one has Ferdinand Piech beat when it comes to top-exec tenure in the auto industry.... Read More »

 

Piech says he will remain VW chairman until 2017

Sept. 10, 2013 06:01 CET
Ferdinand Piech said he will remain as VW Group chairman until 2017 when his contract runs out. "I'm feeling good," he said.... Read More »

 

VW's Piech rebuffs claim he will quit as chairman, report says

3:06 am U.S. ET | Sept. 6, 2013
VW Chairman Ferdinand Piech has rejected a newspaper report that says he plans to step down from his post in the coming months for health reasons.... Read More »

 

VW's Piech rebuffs claim he will quit as chairman, report says

Sept. 6, 2013 09:06 CET
VW Chairman Ferdinand Piech has rejected a newspaper report that says he plans to step down from his post in the coming months for health reasons.... Read More »

 

VW and Suzuki explore options to resolve legal battle, report says

July 26, 2013 15:04 CET
Volkswagen and Suzuki are exploring options to either revive cooperation efforts or enter a settlement to end a two-year legal battle, sources said. The automakers continue to view the industrial logic for the cooperation as compelling.... Read More »

 

VW plans to relaunch Phaeton in U.S. to fill 'halo' void

July 17, 2013 03:19 CET
Volkswagen plans to relaunch sales of the Phaeton in the U.S. as the carmaker looks to reignite flagging growth. The Phaeton, the brand's most expensive model, could be shown at the Detroit auto show in January.... Read More »

 

VW plans to bring Phaeton back to U.S. to fill 'halo' void

9:19 pm U.S. ET | July 16, 2013
Volkswagen plans to bring back the Phaeton luxury sedan to the United States as the carmaker looks to reignite flagging growth in one of the few markets it has been unable to crack. The Phaeton, the brand's most expensive model, could be shown at the Detroit auto show in January.... Read More »

 

Porsche SE is optimistic of prospects in German investor lawsuits

April 30, 2013 11:04 CET
Porsche SE, the family-owned company that controls a majority stake in Volkswagen, remains confident of success in lawsuits in a German court over alleged market manipulation during a failed takeover of VW in 2008.... Read More »

 

VW says 2013 will be tough, eyes H2 upturn

April 25, 2013 10:34 CET
VW Group is bracing itself for a tough year ahead, though the automaker believes business may improve in the second half as non-European markets keep growing. The automaker plans to tap into these markets by adding an additional 1,500 sales outlets in the medium term.... Read More »

 

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