By on September 3, 2015

Volkswagen Wolfsburg

Porsche Automobil Holding SE announced Thursday that it would propose its CFO Hans Dieter Poetsch to succeed Berthold Huber as chairman of Volkswagen’s supervisory board. The proposal was supported by Volkswagen AG.

Huber was appointed interim chairman for the German automotive giant after Ferdinand Piech was ousted in a dustup among leadership.

The announcement comes only a few days after Volkswagen said it extended its contract with its current CEO, Martin Winterkorn, for two more years and effectively ending his bid to replace Piech. Winterkorn and Piech publicly feuded over VW’s direction, eventually leading to Piech’s surprise resignation as chairman in April.

As a member of the board of majority shareholder in VW’s parent company, Porsche SE, Piech voted alongside the rest of the board unanimously to approve Poetsch as proposed chairman.

(Read More…)

By on September 2, 2015

Martin Winterkorn in Shanghai - Picture courtesy Bertel Schmitt

Volkswagen will extend its contract with CEO Martin Winterkorn through 2018, Automotive News is reporting, but that two-year deal may make him too old to succeed the man he ousted, Ferdinand Piech, who left the company last year after clashing with Winterkorn. (Read More…)

By on June 29, 2015

Volkswagen Beetles in Paphos Circa March 2015

Once upon a time, Volkswagen lived up to its name by providing a low-cost car for the people. Now, the automaker has plans to do so once more.

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By on April 25, 2015

"It wasn't Domino's. Someone delivered Wiedekings head." Piech and Winterkorn.  Picture courtesy handelsblatt.de

While Chief Executive Martin Winterkorn wears bruises from the conflict, Ferdinand Piëch has paid the ultimate of price and resigned his chairmanship with immediate effect.

(Read More…)

By on April 23, 2015

2013 Volkswagen Up

While the dust-up between chairman Ferdinand Piëch and CEO Martin Winterkorn lingers on, Volkswagen looks to take silver on the global sales podium in 2015.

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By on April 22, 2015

Winterkorn, Piech, Piech - Picture courtesy Volkswagen

VW Group CEO Martin Winterkorn gained a few key supporters in the leadership conflict between he and chairman Ferdinand Piëch.

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By on April 13, 2015

A grim Winterkorn. Picture courtesy Bertel Schmitt

Disparaging remarks uttered by Volkswagen chairman Ferdinand Piech have led to speculation that the legendary auto exec is positioning himself to oust VW’s current CEO, Martin Winterkorn, a one-time ally of Piech who has overseen substantial growth during his tenure.

(Read More…)

By on November 3, 2014

Google-Android-KitKat

Google knows what you’re thinking. If you decide to search for brown diesel manual station wagons that bring out your inner American, Google will auto-complete that very phrase as one of its suggested searches as soon as you type out the word “bro.”

Daimler AG and Volkswagen AG aren’t too thrilled with this electric eye’s ability, urging its fellow automakers to develop automotive data platforms that would secure sensitive customer information from the Mountain View, Calif. tech giant.

(Read More…)

By on October 8, 2014

peugeot-rcz-enhanced-with-new-exhausts-and-custom-luggage_3

While hot hatches and hypercar hybrids caught the attention of everyone at the 2014 Paris Auto Show, senior executives for some of Europe’s major automakers warned all who would listen that potentially stronger greenhouse-gas regs could prove “fatal” to the European auto industry.

(Read More…)

By on September 12, 2013

YouTube Preview Image

Ferdinand Piech, chairman of the Volkswagen Group, repeated his denial of a report last week in the German Handelsblatt newspaper that he would step down for health reasons in the next few months and be replaced by VW CEO Martin Winterkorn. Piech furthermore said that he will at least serve out the full term of his current contract, which runs into 2017, leaving open the possibility that he will continue to run the Volkswagen empire even longer. “I will stay for at least as long as my contract runs,” Piech told reporters at the Frankfurt Motor Show, “I’m feeling good.”

(Read More…)

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