Bernd Osterloh

VW board members came close to demanding Piech's resignation, paper says

April 18, 2015 22:33 CET

Senior members of Volkswagen's supervisory board were prepared to demand Chairman Ferdinand Piech's resignation had he not agreed to a statement backing CEO Martin Winterkorn, a German newspaper reported. Piech had initially resisted pressure from other board members to back Winterkorn during an emergency meeting....
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VW panel to meet today on leadership crisis, source says

April 15, 2015 19:08 CET

The steering committee of VW Group's supervisory board will meet today to try to resolve a leadership crisis caused by the exposure of a rift between its CEO and chairman, a source told Reuters....
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VW identifies half of planned 5 billion euros in cuts

March 12, 2015 11:50 CET

VW Group has identified cost cuts worth about half of the planned 5 billion euro ($5.29 billion) target at its core passenger-car brand. VW could discontinue its three-door Polo as part of the savings program, CEO Martin Winterkorn said, a move that would save millions....
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VW angers German union with 2% pay raise offer

Feb. 12, 2015 18:28 CET

Volkswagen offered to raise wages for workers at its German factories by 2.2 percent, drawing harsh criticism from the IG Metall union, which is pushing a 5.5 percent demand....
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VW could beat 5 million euro savings goal, exec says

Jan. 29, 2015 16:09 CET

VW Group ought to be able to cut costs at its passenger-car brand by "substantially more" than the 5 billion euros ($5.7 billion) planned by the carmaker's top management, VW works council chief Bernd Osterloh said....
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VW will give more power to brands, regions

Dec. 4, 2014 09:21 CET

VW Group will give more power to brand managers and regional bosses, its labor leader said, as the company looks to address poor performance in markets such as the U.S. and Brazil....
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VW suffers production woes adjusting to MQB platform, report says

July 29, 2014 16:38 CET

Volkswagen's move to add extra German production shifts for the Golf, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources said....
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