Qatar Wants Less Labor Influence at Volkswagen, Maybe

According to a report by Bild am Sonntag (via Reuters), Volkswagen’s third largest shareholder, the Qatar Investment Authority (QIA), wants trade unions to have less influence in what happens at the automaker amid Volkswagen’s ongoing emissions scandal.

QIA, which owns 17 percent of Volkswagen, is said to use a meeting scheduled today with automaker CEO Matthias Müller to “demand a scaling back of the role of the works council,” reported Reuters.

Volkswagen representatives denied the report, stating, “Co-determination (joint decision-making by corporate and labor representatives) and the (role of the) works council were not on the agenda of the talks.”

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Qatar Out At Porsche, Remains In At Volkswagen
Four years after buying 10 percent of Porsche, the Gulf state’s sovereign wealth fund Qatar Holding sold its share back to Porsche’s family shar…
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They'll Actually Build It

When Ed Niedermeyer reported about Volkswagen’s new sub One Liter (235 mpg) car, the XL1, currently on display in Qatar, he prognosticated that this “One Liter car represents a step closer to production.” A very close step, as it turns out.

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VW And Porsche To Set Up Major Research Center In Qatar

Volkswagen and Porsche will set up a research and development center in Qatar, reports Arabian Business. Yes, you did read right, Qatar. Qatar Holding has signed a memorandum of understanding with Qatar Science & Technology Park (QSTP), Volkswagen and Porsche. According to the MOU, research and development, testing and training facilities will be built in Doha. “Other avenues of cooperation” may also be visited.

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Meet The New Porsche (And VW) Board Members

Hide the liquor, hide the women (or not): The supervisory board of Porsche and Volkswagen will get new members, all the way from Qatar. Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani will be crowned new member of the Supervisory Board of Porsche Holding SE. Officially, this needs the votes of the stockholders meeting which will take place on January 29th. But trust me, it’s all done.

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  • SCE to AUX They're spending billions on this venture, so I hope so.Investing during a lull in the EV market seems like a smart move - "buy low, sell high" and all that.Key for Honda will be achieving high efficiency in its EVs, something not everybody can do.
  • ChristianWimmer It might be overpriced for most, but probably not for the affluent city-dwellers who these are targeted at - we have tons of them in Munich where I live so I “get it”. I just think these look so terribly cheap and weird from a design POV.
  • NotMyCircusNotMyMonkeys so many people here fellating musks fat sack, or hodling the baggies for TSLA. which are you?
  • Kwik_Shift_Pro4X Canadians are able to win?
  • Doc423 More over-priced, unreliable garbage from Mini Cooper/BMW.