Martin Winterkorn

VW interim chairman to stay on, hunt for Piech successor continues, report says

9:59 am U.S. ET | July 12, 2015

Volkswagen AG is still looking for a successor to former chairman Ferdinand Piech, meaning the interim holder of the position, Berthold Huber, is likely to stay until at least the end of the year, a German newspaper reported....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Why Skoda's fast rise helps and hurts parent VW Group

July 6, 2015 06:15 CET

Skoda and VW brand are heading in opposite directions. Skoda's car sales rose to a record last year and its profit margin was 7 percent, far higher than VW's 2.5 percent. Now Skoda's success is attracting the wrong kind of attention at VW Group headquarters in Wolfsburg....
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Porsche labor chief joins VW board

8:41 am U.S. ET | July 1, 2015

Porsche's labor chief, who once fought a merger with Volkswagen, is joining the parent company's supervisory board as a reshuffle of positions at Europe's largest automaker continues....
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NEWS ANALYSIS

New VW brand boss Diess needs to cut costs, boost profits

June 30, 2015 06:01 CET

VW brand will have a new boss for the first time since 2007 when former BMW development chief Herbert Diess takes control. His tasks as successor to Martin Winterkorn, who remains VW Group CEO, include reining in costs, increasing profitability and making the brand a stronger player in the U.S....
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VW to launch low-cost car family for China, possibly elsewhere, in 2018

9:16 am U.S. ET | June 28, 2015

Volkswagen plans to launch a family of low cost budget cars in China and possibly elsewhere starting in 2018, CEO Martin Winterkorn said in a newspaper interview published Sunday....
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VW U.S. chief sees 'limited growth' until new SUVs arrive

12:45 pm U.S. ET | June 19, 2015

Volkswagen expects "limited growth" in the United States over the next two years and will focus on defending the market share it has, the top executive for the region said, suggesting the German automaker will fall short of an ambitious 2018 sales target....
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VW's Winterkorn tells staff of coming reorganization

June 17, 2015 14:27 CET

Volkswagen Group CEO Martin Winterkorn told staff about a planned restructuring that will give the automaker's brands and regional chiefs more responsibility to make the company more responsive to industry and customer changes....
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VW CEO vows to delegate more responsibility to brands, regions

8:12 am U.S. ET | June 17, 2015

Volkswagen CEO Martin Winterkorn vowed to delegate more responsibility to the group's brands and regional chiefs to make the company more responsive to industry and customer changes....
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VW committee said to meet to discuss new structure

June 12, 2015 13:13 CET

VW Group's steering committee will meet to discuss the development of a new structure for the automaker, but won't talk about personnel issues including the selection of a new chairman to replace Ferdinand Piech, sources said....
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VW sales chief could lose job as carmaker reorganizes, report says

June 11, 2015 15:17 CET

VW Group sales chief Christian Klingler could lose his job as part of a reorganization by the carmaker intended to boost profits, company sources said....
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VW labor chief says new structure needed before new chairman

June 3, 2015 14:27 CET

Volkswagen needs to come up with a new structure before thinking about appointing a permanent chairman, VW's powerful labor chief, Bernd Osterloh, said....
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Winterkorn says it will take time to replace Piech on Audi board

May 22, 2015 16:10 CET

Audi Chairman Martin Winterkorn said finding a board replacement for Ferdinand Piech will take time. Piech quit his Audi board role along with other VW Group posts last month after a public showdown with Winterkorn....
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VW works council boss calls for cuts to management board

May 21, 2015 15:40 CET

The head of Volkswagen Group's works council, Bernd Osterloh, has called for a pared-down management structure at the carmaker following the departure of Ferdinand Piech as the automaker's chairman....
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BMW is one big, happy family as squabbles damage rival Volkswagen

May 14, 2015 11:17 CET

The normally secretive Quandt family, which controls a majority stake in BMW, praised the company's seamless appointment of CEO Harald Krueger as rival VW Group inspects the damage from a bitter leadership crisis....
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CHRISTIAAN HETZNER

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies....
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Piech avoids family showdown over VW

May 13, 2015 11:41 CET

Ferdinand Piech avoided a showdown with his cousin, Wolfgang Porsche, by not attending today's annual shareholders meeting of his family's holding company that controls a majority stake in Volkswagen Group....
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Porsche SE plans car-connectivity investments

May 13, 2015 16:22 CET

Porsche SE, the controlling shareholder of Volkswagen Group, plans to use its cash to invest in car-connectivity technology as part of a push to expand its portfolio beyond the automaker....
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Christiaan Hetzner

BLOG: Piech casts shadow over Porsche's annual meeting

9:43 am U.S. ET | May 13, 2015

Ferdinand Piech upstaged his cousin Wolfgang Porsche and former protege Martin Winterkorn by missing the annual meeting of the family holding company that holds a majority stake in Volkswagen, proving once again that the threat of a Piech-style revenge still casts a shadow over the two companies....
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Winterkorn vows to revamp VW

12:01 am U.S. ET | May 11, 2015

Volkswagen CEO Martin Winterkorn, who last month survived an attempted ouster by his boss, told 5,000 VW managers that he plans to restructure the giant German automaker....
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VW CEO Winterkorn to present new structure for automaker by October

May 8, 2015 15:23 CET

VW CEO Martin Winterkorn has told senior staff that he will present a new structure for the automaker by October at the latest....
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VW's Renschler to replace Piech as MAN chairman

May 6, 2015 11:26 CET

Andreas Renschler, the board member in charge of commercial vehicles at Volkswagen Group, will replace Ferdinand Piech as chairman of truck maker MAN. Piech resigned from all his supervisory board posts on April 25 after losing a showdown with VW CEO Martin Winterkorn....
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CHRISTIAAN HETZNER

BLOG: Piech's absence dominates VW annual meeting

6:43 am U.S. ET | May 5, 2015

Ferdinand Piech may cause VW's leadership more headaches than ever before. At VW's annual meeting today, the shadow of the VW patriarch seemed to follow CEO Martin Winterkorn wherever he went....
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VW to discuss new leadership structure as it seeks Piech successor

May 5, 2015 10:22 CET

Volkswagen's board will meet next month to discuss a new structure such as aligning individual brands more closely as the automaker seeks to return its focus to business following the shock ouster of former patriarch Ferdinand Piech....
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CHRISTIAAN HETZNER

BLOG: Piech's absence dominates VW annual meeting

6:43 am U.S. ET | May 5, 2015

Ferdinand Piech may cause VW's leadership more headaches than ever before. At VW's annual meeting today, the shadow of the VW patriarch seemed to follow CEO Martin Winterkorn wherever he went....
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VW board to discuss recruitment of new chairman, reports say

May 4, 2015 13:35 CET

Volkswagen's supervisory board was meeting to discuss finding a new chairman to fill the void left by Ferdinand Piech's departure, reports said. The meeting precedes what is likely to be a tense annual gathering of VW shareholders on Tuesday....
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