Hunt for New VW Chairman May Go Into 2016

The search to replace former Volkswagen chairman Ferdinand Piech may stretch into next year, Reuters is reporting.

Piech left Volkswagen in April after a showdown with Chief Executive Martin Winterkorn, who is still a candidate for the top position. Piech led VW for more than two decades and is the grandson of Ferdinand Porsche.

Interim chairman Berthold Huber is expected to remain in the position at least until the end of 2015.

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