Bribery and fraud charges are swirling through Volkswagen. A former Skoda executive and the union official who heads VW's employee-management council have quit.
Is this big trouble for VW Chairman Bernd Pischetsrieder? No, the chairman says. "This way we are solving some of our biggest problems," Pischetsrieder said on June 29.
The scandal gave Pischetsrieder a chance to eliminate cronyism in management and the works council, says one company insider. Pischetsrieder has been trying to shake up the company since he took over in 2003.There will be more resignations, reports Automobilwoche, the German-language sister publication of Automotive News. On Friday, July 8, Peter Hartz, VW personnel chief and former Skoda board member, quit.