VW chief Ferdinand Piëch resigns!
VW chief Ferdinand Piëch has his hand on plays. The failed putsch on the position of CEO Martin Winterkorn forcing the 78-year-old Piëch to resign as Chairman of the Supervisory Board of Volkswagen.
The royal question began two weeks ago. In an interview with the German weekly Der Spiegel showed Ferdinand Piëch is critical of the functioning of Martin Winterkorn, the 67-year-old CEO of the extensive Volkswagen group. A bolt from the blue, because Piëch and Winterkorn were two hands on belly.
Winterkorn extension applied as the slain dyed successor Piëch as Chairman of the Supervisory Board.
Why Piëch suddenly of Winterkorn distanced remains unclear. Because the CEO led the VW group to record figures: Volkswagen may soon jump on Toyota as the largest manufacturer in the world. All would frictions arise are in the difficult implementation of the MQB platform and on the strategy on the American market.
The statements of Piëch set an internal power struggle in motion, fought in the trenches of the top management.
The Volkswagen presidency, say the core of the Supervisory Board, the trust Winterkorn held and confirmed the previously announced contract extension. Thereby the Porsche family, which holds 51% of the voting rights. Or how the grenade thrown by Piëch in his face exploded. After a reign spanning more than two decades, Ferdinand Porsche’s grandson should scram
. Vice President Berthold Huber takes the position as president of the board for the time being about Ferdinand Piëch
. Although he leaves the VW group through the back door, Piëch can look back on an impressive reign. He kneaded Audi a premium competitor for BMW and Mercedes, Skoda and Lamborghini pulled out of the doldrums, and sat well behind the super-efficient 1 liter car and behind the decadent Bugatti Veyron, the personal prestige project for the often megalomaniacal described Piëch.
Anyway, the end of an era
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