Ferdinand Piech

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

July 6, 2015 06:15 CET

Skoda and its sibling, VW brand, are heading in opposite directions. The Czech automaker's unit sales rose to a record of more than 1 million while operating profit surged by more than half. Skoda's string of success, however, 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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Suzuki, VW await arbitration decision in dispute

June 26, 2015 13:27 CET

Suzuki said arbitration proceedings to end a dispute with Volkswagen over a failed partnership have concluded. Suzuki is seeking to force VW to sell back its stake in the Japanese automaker....
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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 Group sales fall for 2nd consecutive month

June 12, 2015 20:26 CET

VW Group sales fell for a second month in May and at a faster pace than in April, highlighting the German carmaker's difficulties in weak emerging markets. Deliveries at the 12-brand group slid by 2.6 percent to 858,000 vehicles in May, VW 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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Audi rules out entry into Formula One

May 18, 2015 16:06 CET

Audi has no plans to enter Formula One, the company has said, seeking to end speculation that the carmaker was tempted to broaden its commitment to motor racing....
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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....
Read More »

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....
Read More »

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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VW board to discuss chairman search

7:49 am U.S. ET | May 4, 2015

Volkswagen's supervisory board today will discuss finding a new chairman to fill the void left by Ferdinand Piech's sudden departure last month, sources told Reuters....
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KEITH CRAIN

Piech's out at VW -- for the moment

12:01 am U.S. ET | May 4, 2015

Late last month, Ferdinand Piech resigned from his position as chairman of Volkswagen's supervisory board. Reportedly he was given the choice of resigning or being dismissed. For the first time in more than half a century, Piech is out of work -- for the moment....
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